What To Expect From The Federal Reserve's Interest Rate Policy Meeting $APT
Key Takeaways
. The Federal Reserve's policy committee is widely expected to leave its key interest rate unchanged at its meeting this week.
. Recent economic data has shown the economy , and inflation, running🏃💨💨 hotter than previously expected , putting the Fed in a position to keep interest high to combat inflation.
. A rate cut would remove upward pressure on interest rates for all kinds of loans , including mortgages .
. Hopes for rate cuts in the near future have faded, but financial💵 markets are still betting they will happen later this year as inflation cools.
