Here’s everything the Fed is expected to do Wedn
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Posted On: 12/13/2023 6:27:28 AM
Here’s everything the Fed is expected to do Wednesday
PUBLISHED TUE, DEC 12 20234:30 PM EST
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Jeff Cox
KEY POINTS
What is likely to occur when the Fed session wraps up Wednesday is a policy turn away from aggressive rate hikes and toward plans for what happens next.
The Fed will update its projections on economic growth, inflation and unemployment. Chair Jerome Powell also will deliver his usual post-meeting news conference.
Traders in the fed funds futures space are pricing rate decreases to start in May 2024 and continue through the year. Strategists and economists on Wall Street see a more cautious approach.
PUBLISHED TUE, DEC 12 20234:30 PM EST
thumbnail
Jeff Cox
KEY POINTS
What is likely to occur when the Fed session wraps up Wednesday is a policy turn away from aggressive rate hikes and toward plans for what happens next.
The Fed will update its projections on economic growth, inflation and unemployment. Chair Jerome Powell also will deliver his usual post-meeting news conference.
Traders in the fed funds futures space are pricing rate decreases to start in May 2024 and continue through the year. Strategists and economists on Wall Street see a more cautious approach.
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