Fed Could Signal Readiness to Raise Interest Rates at Future Meetings
Dow Jones07-28 22:10
1410 GMT - The U.S. Federal Reserve is expected to leave interest rates unchanged at Wednesday's rate decision, but it could indicate a willingness to increase rates at future meetings, eToro's Lale Akoner says in a note. "We think the most likely outcome is a hold with a hawkish tone, tougher language on inflation and little comfort for anyone hoping the rate-hike debate is over," she says. U.S. money markets are fully pricing in one quarter-point rate Fed rate increase in September, LSEG data show.
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