Beginning on July 28, Federal Reserve leadership will be immersed for two days in what Chairman Kevin Warsh has termed a “family fight” over whether to raise interest rates or keep monetary policy unchanged.
Investors widely expect the U.S. central bank to leave its benchmark federal funds rate—a key policy rate that influences business and household borrowing costs—unchanged in the current target range of 3.5 percent to 3.75 percent.
We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/business/fed-debates-next-decision-on-interest-rate-as-2-day-meeting-kicks-off-6067960/?utm_source=partner&utm_campaign=whatfinger
