Federal Reserve Chairman Jerome Powell holds a news conference following a meeting of the Federal Open Market Committee.
The Fed is set to conclude its two-day policy meeting Wednesday and make an announcement in the afternoon. The central bank is not expected to announce any policy changes on Wednesday. However, it is anticipated that the Fed will signal that it will be ready to raise interest rates as soon as March, and that it will consider other tightening measures. Market participants will also look for hints on further steps the Fed will take to unwind pandemic-era aid.
Recent market volatility is unlikely to deter the Fed from implementing as much as four or more interest rate hikes this year, market strategists say.
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Fed Chair Jerome Powell holds news conference after rate decision — 1/26/22
powered by Auto Youtube Summarize