Economics
Fed to Update Inflation, Balance-Sheet Views: Decision-Day Guide
- FOMC to provide clues with new rate projections for end-2017
- Investors eyeing soft inflation’s impact on balance-sheet plan
98% Chance of a Fed Hike This Week According to Poll
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Soft U.S. inflation data has raised uncertainty among investors about the Federal Reserve’s policy plans for the rest of the year. Fed Chair Janet Yellen and her colleagues have an opportunity this week to clarify the outlook.
The Federal Open Market Committee is widely expected to agree on an interest-rate increase Wednesday at the conclusion of a two-day gathering in Washington. It will probably also acknowledge recent inflation declines, while sticking to previous guidance for another hike before year-end and a first step toward unwinding the central bank’s $4.5 trillion balance sheet.