Newscasts - Trading at Noon: Fed set to hold rates steady and signal small decline in 2024

Herc Holdings

13/12/2023 17:01

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_88b88ohl&referenceId=1_88b88ohl&pageId=Newscasts
Source: 'Reuters - Business videos'

Description: The second-day and final day of the Fed's monetary policy meeting
is underway, with broad expectations the central bank will leave interest
rates unchanged for a third straight time. Jerome Powell will give a press
conference following the announcement and is also expected to signal that a
pivot to monetary policy easing will neither come soon nor be sharp, given
inflation's bumpy progress downwards.
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