The Federal Reserve’s monetary policy-setting body meets this week to take the pulse of the U.S. economy and decide whether its health is best served by an interest rate hold, hike, or cut.
Experts interviewed by The Epoch Times broadly agreed that when members of the Federal Open Market Committee (FOMC) meet on Jan. 28-29 to consider adjustments to the central bank’s benchmark interest rate, they will almost definitely rule to maintain the Federal Funds target within the current 1.5 to 1.75 percent range.
