HomeMarketsU.S. Economy & JobsPowell Will Be Hawkish, Fed Continues To Bet On Eco Data
Powell Will Be Hawkish, Fed Continues To Bet On Eco Data

The FOMC meeting will begin tomorrow. "Jerome Powell will be hawkish in the press conference and shift to a quarter percent for the interest rate hike. How high rates eventually go and how long they stay there are still to be determined. With rates still rising and inflation now declining, it is the best of both worlds for savers. The Federal Reserve will also examine employment data to help determine their path forward," says Greg McBride.

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