Federal Reserve expected to raise interest rates in week ahead, as Ukraine crisis adds volatility
1 min readPhoto caption: A trader on the NYSE, March 11, 2022. Photo source: NYSE. Article by Patti Domm. CNBC – March 11, 2022.
Key Points:
- The Federal Reserve’s first increase in interest rates since before the pandemic was well broadcast, and markets may have little reaction if the central bank carries out its quarter-point hike Wednesday.
- Investor focus remains on Ukraine, which continued to rattle markets in the past week, creating volatile swings in oil and sending stocks lower.
- The Fed’s rate hike is expected, but investors will be watching to see what the central bank has to say about inflation and the economy, as well as its projections for future rate hike […]