
Will the Federal Reserve signal it has finished lifting rates?
The US Federal Reserve is widely expected to lift its key interest rate by 0.25 percentage points this week. Investors will be watching for clues from chair Jay Powell as to whether the rise is the last in its 16-month monetary policy tightening campaign.
Ahead of the two-day meeting that ends on Wednesday, several Fed policymakers have indicated a resumption of tightening after the central bank paused its hiking cycle in June for the first time in over a year. The Fed has lifted rates from near-zero at the start of 2022 to a range of 5-5.25 per cent today.
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