The Federal Reserve will conclude its two-day policymaking Federal Open Market Committee meeting on May 1.
The monetary authorities are unlikely to cut interest rates and could signal higher-for-longer rates amid stubborn and sticky inflation.
Fed Expected to Leave Interest Rates Unchanged Amid Stubborn Inflation
But experts anticipate a more hawkish tone from the monetary authority.
Federal Reserve Board Chairman Jerome Powell speaks during the 24th Jacques Polak Annual Research Conference on Global Interdependence at International Monetary Fund headquarters in Washington on Nov. 9, 2023. Jim Watson/AFP via Getty Images
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
