Wall Street Expects No News From the Federal Reserve Today
Oil price pressure due to the war makes interest rate cuts less likely to happen
- |
- Written by Banking Exchange staff
Jerome Powell, chairman of the Federal Reserve
Wall Street analysts have estimated that the Federal Reserve will not be cutting interest rates in this meeting, with little sign that will change for most of 2026.
The update on the economic projections is also expected to be neutral, with little guidance given to the market, and the ongoing war with Iran.
The labor market and inflation risk are also showing mixed signals.
Analysts will be looking at any hint of a rate cut from Powell later in the year, but oil price pressure due to the war makes it less likely to happen until the fourth quarter.
Tagged under Lending; Risk Management; Feature3; Federal Reserve; The Economy; Feature; Global Exchange;