Amidst this turbulent economic environment, the Federal Reserve has gathered for its first policy meeting of the year, and the financial markets on the edge of their seats.
At a two-day meeting that starts Tuesday, the Fed is expected to hold its key short-term rate steady at a 22-year high of 5.25% to 5.5% for a fourth straight meeting, but the burning question is when Fed Chairman Jerome Powell and his colleagues will initiate a series of rate cuts.
