Fed to Pack Up Crisis Tool, Debate Next Hike: Decision-Day Guide
- Projections may show most officials back another ’17 rate rise
- Yellen unlikely to wade too far into inflation debate
What to Watch for in the Federal Reserve's Decision
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Will the Federal Reserve raise interest rates again this year? That’s the big question investors are hoping policy makers clarify when they conclude a two-day meeting Wednesday.
Fed officials are widely expected to leave rates unchanged as they announce a start date for the gradual unwinding of the U.S. central bank’s $4.5 trillion balance sheet. That milestone, 10 years after the onset of the financial crisis, has been so well telegraphed by officials that it looks likely to be a non-event in financial markets.