1009 ET - Many economists and investors will watch whether Fed Chair Powell leans into language that reflects two-sided risks to policy next week. "We think it won't, but it's a close call," BofA says in a note. The bank adds that Powell is likely to reinforce a higher-for-longer stance in the news conference, and upside risks to inflation from the Iran war haven't dissipated. Markets are pricing in a 99.5% chance of the Fed staying on hold at April's meeting. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
April 24, 2026 10:09 ET (14:09 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments