Foul Powell On The Prowl! Fed Is Set to Pause and Assess the Effect of Rate Hikes, Bull Market Ahead! (US Inflation Seen Staying Elevated)
by confoundedinterest17 Foul Powell on the Prowl! Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation. The Federal Open Market Committee on Wednesday is expected to maintain its benchmark lending rate at the …