In its fight against the recession, the Federal Reserve is accepting a severe slowdown in the US economy.
(Photo: Reuters)
new York Full house at the US Federal Reserve (Fed): At the upcoming meeting on Wednesday, all vacancies will be filled for the first time since 2013, both on the executive committee in Washington and at the regional central banks. This allows for a broad discussion about the forthcoming steps in monetary policy.
Most economists are expecting another sharp rate hike of 0.75 percentage points, as was the case at the most recent meeting in June. This would increase the key interest rate to a range of 2.25 to 2.5 percent.
With every increase in interest rates, the risk of an economic crisis increases. Analysts are already observing a slowdown in the economy at a rate similar to that seen at the beginning of the pandemic or after the outbreak of the financial crisis. These are the most important points about the interest rate decision:
What is the future interest rate strategy?
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