The Federal Reserve's March meeting is underway, and a decision is expected to be announced on Wednesday. While markets are currently pricing in three rate cuts in 2024, sticky inflation data has raised doubts about the Fed's ability to begin easing monetary policy as early as anticipated, leaving investors on edge regarding the potential shift in the central bank's stance. Yahoo Finance's Jennifer Schonberger breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
The Federal Reserve's March meeting is underway, and a decision is expected to be announced on Wednesday. While markets are currently pricing in three rate cuts in 2024, sticky inflation data has raised doubts about the Fed's ability to begin easing monetary policy as early as anticipated, leaving investors on edge regarding the potential shift in the central bank's stance.
Yahoo Finance's Jennifer Schonberger breaks down the details.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
SmartAsset
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SmartAsset
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Bloomberg
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Barrons.com
The Dow Jones Industrial Average turned higher shortly after the market opened as investors positioned ahead of Federal Reserve Chair Jerome Powell’s press conference on Wednesday. The Dow Jones Industrial Average was up 77 points, or 0.2%. The Nasdaq Composite was down 0.8%.
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