Fed expected to ‘sit on its hands’ much to Trump’s chagrin
Devon Funds head of retail Greg Smith said this week's Federal Reserve meeting was likely to be a bit of a ‘dead rubber’.
The Federal Reserve.
The Federal Reserve is expected to sit on its hands at its meeting this week as it continues to assess the impacts of tariffs on inflation and economic growth.
Financial markets are expecting the Federal Open Markets Committee to leave the benchmark rate unchanged at between 4.25% and 4.5%.
Devon
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