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Fortune
Fortune
Paolo Confino

The Fed is expected to hold rates steady, as investors white-knuckle it through a brutal selloff and recession fears. 'Policymakers aren't providing any encouragement'

During prepared remarks at the 2025 U.S. Monetary Policy Forum earlier this month Federal Reserve Chair Jerome Powell reiterated he believed the Fed could afford to wait on cutting rates further.
  • The Federal Reserve will likely keep interest rates steady at its upcoming meeting. However, this time around investors, will be listening even more closely than usual to any hints from Jerome Powell about where he thinks the economy is headed. President Donald Trump’s recent tariff policies and the ensuing stock market rout raised fears the U.S. could be headed for a downturn. 

After a tumultuous couple of weeks in the markets, investors can expect the Federal Reserve to remain steady after the conclusion of its two-day meeting on Wednesday. 

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