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International Business Times
International Business Times
Business
AFP News

US Fed Expected To Keep Rates On Hold And Debate Timing Of Cuts

United States Interest Rates the US Federal Reserve Barclays Goldman Sachs Inflation US Federal Reserve
The Fed is widely expected to keep interest rates unchanged on Wednesday (Credit: AFP)

The US Federal Reserve could provide additional clues on Wednesday about how much it will cut interest rates this year, but it is almost certain to leave its key lending rate unchanged for the time being.

Following two days of debate, the Fed's rate-setting Federal Open Market Committee (FOMC) will publish its interest rate decision Wednesday, along with an updated summary of economic projections (SEP) that includes policymakers' interest rate expectations for 2024 and beyond.

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