US Fed Meet Outcome Today: Will Fed Cut Interest Rates? What To Expect? | US Fed | Powell

The Federal Open Market Committee (FOMC) concluded its two-day session today, with Federal Reserve Chairman Jerome Powell set to announce the outcome. Despite previous indications of rate cuts, analysts anticipate that the Fed may refrain from initiating a cutting cycle at present. This expectation is influenced by recent economic indicators, including a higher-than-expected 0.4% rise in CPI inflation in February and a significant increase of 275,000 in non-farm payrolls for the same month, surpassing market expectations. As a result, experts foresee a high possibility of the Federal funds target range being maintained at 5.25-5.5%.

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