Mar
15
Fed to Signal Worst Is Over, Hikes Coming: Decision-Day Guide
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Dot plot expected to shift down to three increases this year
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Fed may tweak balance of risks, signaling delay in tightening
This week, Federal Reserve Chair Janet Yellen and her colleagues have an opportunity to clarify where they stand on the outlook for interest rates. The message will probably be that plans for additional tightening have been postponed, but not for long.
Fed officials are expected to reduce the number of rate hikes they see in 2016 and leave the target range for the federal funds rate unchanged at 0.25 percent to 0.5 percent after a two-day gathering of the Federal Open Market Committee in Washington. Here’s what to look for when the FOMC releases its post-meeting statement and updated forecasts at 2 p.m. Wednesday, and in Yellen’s 2:30 p.m. press conference:
Fed to Signal Worst Is Over, Hikes Coming: Decision-Day Guide
