- Federal Reserve to decide next step on interest rates amid financial sector crunch.
- Investors watching for signs of stress in global banking industry and relief from regulators.
- Economists predict a quarter-point rate hike, but some banks don't expect one.
- Fed unlikely to surprise markets with a sudden move after recent bond volatility.
Five Ways Banking Turmoil Will Impact the Fed’s Decision
The Federal Reserve is meeting this week to decide its next step on interest rates just as its yearlong fight against inflation is colliding with a crunch in the financial sector. The Fed’s next move will be closely watched as recent bank failures are stirring memories of the 2008 financial crisis. Even before the central bank policy decision on Wednesday, investors will be looking for more signs of stress in the global banking industry and additional steps from regulators to provide relief. Thi
Michael Mackenzie
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