Skip to content
Subscriber Only

Why the Fed Is Likely to Stand Pat This Week

Market turmoil means moving from the zero bound gets even trickier.
Bloomberg business news

Sept. Fed Hike Would Be a Mistake: Bank of America's Woo

What a week it might have been?

Speeches and interviews have made it fairly clear that Federal Reserve officials were building a case to begin normalizing interest rate policy as soon as this month, but they are increasingly wary that a misstep could derail the economy at a time when they perceive a lack of tools to address renewed weakness.