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Fed rate hike: Decision-Day Guide: Fed's 'hawkish pause' to keep option to hike

The Federal Open Market Committee will keep rates unchanged at its two-day meeting ending Wednesday in a range of 5.25% to 5.5%, a level first reached in July. The rate decision and an accompanying statement will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.

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Central Bankers Are Spooked by Signs That Inflation Is...

Many central banks are starting to withdraw the emergency stimulus they introduced to fend off last year’s pandemic recession.

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