RTL Today – US Fed expected to keep rates on hold and debate timing of cuts

From RTL:

The US Federal Reserve will announce its interest rate decision on Wednesday, possibly hinting at future rate cuts. The central bank raised rates last year to combat high inflation, but faces challenges in 2024 with rising inflation. Market expectations for rate cuts have shifted, with economists predicting a slow easing cycle starting in June.

Federal Reserve Chair Jerome Powell will address questions on interest rates and the balance sheet after the decision. Discussions on slowing asset sales from the pandemic era will likely take place, but no changes are expected yet. The Bank of Japan recently raised rates after 17 years, influencing other central bank decisions this week.



Read more at RTL: RTL Today – US Fed expected to keep rates on hold and debate timing of cuts