Fed to raise rates by half-point, markets focused on signs of upcoming hawkish indication
Federal Reserve is widely expected to raise its rates by half a percentage point at the end of a policy meeting scheduled to be held on Wednesday with soon start trimming its asset holdings
By Arghyadeep Dutta
Published - May 03, 2022, 09:15 PM ET
Last Updated - Feb 26, 2024, 06:47 AM EST
• Fed is expected to raise interest rates for the second time since 2018
• Expected to launch a program to reduce its $9 trillion holdings by $95 billion a month, starting in June
The Federal Reserve is widely expected to raise its rates by half a percentage point at the end of a policy meeting scheduled to be held on Wednesday with soon start trimming its asset holdings.
However, investors are more focused on decoding signals on whether the central bank could get even more aggressive with future rate hikes.
