What to expect as the Fed prepares its final interest rate decision of 2023
The Federal Reserve will evaluate economic and financial conditions on its final interest rate decision of 2023 and make a judgment as to whether rates should be increased, decreased, or left unchanged. The Fed is likely to take an intentional and careful approach to its final rate decision as it assesses the economic recovery from the effects of the coronavirus pandemic and how future governmental actions, such as a potential vaccine rollout, could influence the economic path ahead. With the Fed likely to remain focused on promoting maximal employment and stable prices, the result of its final rate decision is likely to have a deep impact on economic growth for the foreseeable future.