Renewed Inflation Fears Complicate Fed's Next Rate Decision

Renewed inflation fears complicate Fed's next rate decision

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Fed Kicks Off 2-Day Meeting to Debate Next Rate Decision

Beginning on July 28, Federal Reserve leadership will be immersed for two days in what Chairman Kevin Warsh has termed a “family fight” over whether to raise interest rates or keep monetary policy unchanged. Investors widely expect the U.S. central bank to leave its benchmark federal funds rate—a key policy rate that influences business and household borrowing costs—unchanged in the current target range of 3.5 percent to 3.75 percent. The future…

The Fed's Rate Decision Is Near. Why Wall Street Is Bracing for Drama

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