LIVE: Federal Reserve September 2021 Meeting
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The Federal Reserve is expected to signal scaling back asset purchases later this year, with scrutiny also on forecasts that could reveal growing internal pressure to raise interest rates in 2022. The Federal Open Market Committee is all but certain to hold rates near zero after a two-day policy meeting Wednesday and keep buying bonds at the current $120 billion monthly pace. The panel will release a statement at 2 p.m. Washington time plus updated quarterly estimates, including its dot plot of rate projections. Chair Jerome Powell will brief reporters 30 minutes later. Follow the latest ▶️ https://trib.al/tQRodpB
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