Stock futures suggest a slight increase in the markets today as the Federal Reserve is scheduled to release its interest rate statement. The expectation is that the Fed will maintain the current record low rates.
Pundits will be watching closely however, for any signals from the Fed for when they expect to increase rates as growth returns to the economy. The Fed continues to say that inflation is not an immediate concern, but once growth reaches a certain threshold, most market watchers expect the Fed to act quickly to move interest rates higher.
Source: Associated Press
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Latest posts by Scott Boyd (see all)
- Japan’s Demographic Trap - 25 June 2012
- Officials Talk Openly of Greek Euro Exit - 16 May 2012
- Greek Voters Prepare to Roll the Dice - 15 May 2012