Here's everything to expect from the Fed meeting that will move markets on Wednesday
Publishing timestamp: 2024-05-01 12:31:44
Summary
The Federal Reserve is expected to keep interest rates unchanged at its meeting, with a focus on reducing bond holdings on its balance sheet. Policymakers are cautious about cutting rates until they see sustained progress towards their inflation goal. Markets are uncertain about the future path of interest rates, with some expecting cuts later in the year. Fed's balance sheet reduction and inflation data will be key factors in determining future policy decisions.
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