Federal Reserve officials are set to hold interest rates steady at the end of their two-day meeting Wednesday. But underneath the surface, their strategy is shifting.
In the central banks new quart… [+369 chars]
The Fed’s Wait-and-See Outlook Obscures a Bigger Strategy Shift - The Wall Street Journal
Central banks can lower rates because of good or bad news. The window for ‘good’ cuts is closing due to new inflation risks.
By:Nick Timiraos
Source:The Wall Street Journal
Published:
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