Fed to Hold Meeting Wednesday with Interest Rates Expected to Remain Unchanged
CME CME Group Inc
$305.71 -0.09%
View chart & analysis → - 1The Federal Reserve's policy committee will hold a meeting on Wednesday to set monetary policy.
- 2According to the CME Group FedWatch tool, there is a 10% probability that officials will raise interest rates by 0.25 percentage points.
- 3Inflation has remained above the Fed's target for five years.
So what's the key point?
The U.S. central bank is holding a meeting on Wednesday to decide on interest rates. The chance of a rate hike is low at around 10%, so it is likely that rates will stay the same.
Source Investopedia · View original ↗
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