Here are four things to watch at the Fed's policy meeting next week.
The Federal Reserve is not expected to change the stance of its interest-rate policy or say anything definitive about its near-term outlook at next week’s policy meeting. But Fed watchers know where to look for subtle hints about the Fed’s thinking regarding the outlook for the economy and interest rates.
In June, Fed officials projected the equivalent of four 25-basis-point cuts next year. Some economists think the Fed will pencil in fewer cuts.“They have been pushing this view of ‘higher for longer,’ and I think they go further in that direction.” Bhave said in an interview.There is even a chance that the median dot plot shows fewer cuts.
Krishna Guha, vice chairman of Evercore ISI, said he thinks that total will rise to nearly half of the committee.
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