Fed’s Message on Interest-Rate Path, Destination Will Be Scrutinized
Investors are watching Powell for clues on how high the central bank will raise rates beyond this year
Investors tuning into Federal Reserve Chairman Jerome Powell’s best casino sites 0s conference Wednesday will focus on his comments about how high interest rates might rise beyond this year to combat inflation.
This is partly because the Fed has clearly telegraphed its plans for an aggressive ramp-up in policy tightening at this week’s two-day policy gathering, which begins Tuesday. Officials are preparing to raise rates by an unusual half percentage point and to follow that move in June with another half-point increase—and possibly more after that. They haven’t raised rates by more than a quarter percentage point at any meeting since 2000.
Sponsored Offers
- JCPenney:
Extra 15% off any way you pay - JCPenney coupon code - Best Buy:
Save 15% or more from Best Buy deal of the Day - Dick's Sporting Goods:
10% off sitewide - Dick's Sporting Goods coupons - Journeys:
Journeys coupon: Get $10 off $50+ orders - Walmart:
Top Walmart coupon: 15% off all purchases - Ulta Beauty:
Ulta Beauty Red, White & You Sale: Up to 75% off hot summer picks