Fed Faces Dilemma Ahead of October 29 FOMC Meeting Data Accuracy With the next Federal Reserve (FOMC) decision scheduled for October 29, policymakers are facing an unusual challenge: the government shutdown has delayed critical economic data, leaving the Fed “flying blind” just weeks before its next interest rate call. At the September meeting,…
Global financial markets are holding their breath as the U.S. Federal Reserve concludes its two-day policy meeting today. Investors are eagerly awaiting fresh projections and signals about the trajectory of interest rates against the backdrop of renewed trade tensions and persistent inflationary risks. The central bank is widely expected to keep its benchmark interest rate…
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-point reduction for the year amid rising estimates for what it will take to keep inflation in check. The markdown in the outlook for rate cuts,…