Fed Meeting: Anticipated Actions and Impact on Gold and Interest Rates
The Federal Reserve is expected to keep its benchmark lending rate steady at this week's meeting, as it waits for more data on the impact of previous rate hikes on the US economy. The Fed's economic projections are likely to reflect stronger growth and slightly lower unemployment this year. While there is a consensus among officials to hold rates steady this month, some believe there could be another rate hike after September. Inflation and the job market have both slowed, giving the Fed room to pause rate hikes. However, uncertainties remain, including the impact of rising interest rates on economic growth and the threat of a government shutdown. The Fed will also monitor rising energy prices and the ongoing United Auto Workers strike.
- What to expect from this week’s Fed meeting CNN
- Here's everything the Fed is expected to do Wednesday CNBC
- Why the Fed's economic forecasts aren't always forecasts for the Fed Yahoo Finance
- Will Gold climb out of the Fed meeting? [Video] FXStreet
- Fed Meeting: What to Expect on Interest Rates The New York Times
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