Learn more

By Jess Jones The Federal Reserve is poised to announce its next policy decision on Wednesday evening and all signs point to it holding steady at 5.25-5.50 per cent, where it has lingered for almost a year. Despite this stability, there is growing speculation about when the Fed might begin easing its policy. The Federal Open Market Committee (FOMC) is likely still wary about theinflation outlook to make a decisive move now although a September start to rate cuts seems plausible, according to economists at Investec. The Fed’s updated ‘dot plot’ will be crucial to revealing FOMC members’ views o…

cuu