Fed Preview: Forecasts from 10 major banks, downplaying chances of imminent action
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The US Federal Reserve (Fed) will announce its Interest Rate Decision on Wednesday, January 31 at 19:00 GMT and as we get closer to the release time, here are the expectations as forecast by analysts and researchers of 10 major banks.
No change in policy is expected as the Fed is set to hold interest rates in the range of 5.25%-5.50% for the fourth consecutive meeting. Chair Jerome Powell’s press conference will be key. Investors will focus on any potential push back on market speculation regarding rate cuts.
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