The US Federal Reserve is expected to keep interest rates unchanged in its meeting today, amid mounting pressure from a slowing economy and the resurgence of escalation in import tariffs, analysts told Argaam.
The Fed concludes its meeting this evening, to be followed by a highly anticipated press conference by Chairman Jerome Powell, with investors eagerly awaiting hints from the tone of the speech as regards monetary policy.
Analysts also see that keeping rates steady at this stage gives policymakers more space to assess the depth of the economic slowdown and the evolving impact of tariffs on inflation and growth.
The US Federal Reserve is expected to keep interest rates unchanged in its meeting today, amid mounting pressure from a slowing economy and the resurgence of escalation in import tariffs, analysts told Argaam.
The Fed concludes its meeting this evening, to be followed by a highly anticipated press conference by Chairman Jerome Powell, with investors eagerly awaiting hints from the tone of the speech as regards monetary policy.
Analysts also see that keeping rates steady at this stage gives policymakers more space to assess the depth of the economic slowdown and the evolving impact of tariffs on inflation and growth.
