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Fed facing a blurrier outlook as it meets to weigh rate hike

Summary by Ground News
The Federal Reserve is meeting to decide whether to keep raising interest rates. The policymakers will also try to forecast the likely path of growth, employment, inflation and their own rates. Most economists expect the Fed to announce a relatively modest quarter-point hike in its benchmark rate. But the upheaval in the banking industry has made any expectations far less certain.

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Bias Distribution

  • 87% of the sources are Center
87% Center
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Bloomberg broke the news in United States on Tuesday, March 21, 2023.
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