US Fed expected to hold interest rates steady

The US Federal Reserve is likely to hold rates steady at its meeting today, but the path ahead looks unclear as concerns bubble over stubborn levels of inflation.

The US Federal Reserve is expected to hold rates on Wednesday, although investors were pricing in a 32% chance of an increase on Tuesday night, with analysts describing the decision as the most uncertain in years.

Russian Central Bank Cuts Key Rate Despite Inflation Pickup  WSJ

Gold holds steady ahead of Fed's rate decision  Reuters

WASHINGTON: The US Federal Reserve is expected to hold interest rates steady on Wednesday (Jul 29), but with surging inflation fuelled by President Donald Trump's war on Iran, analysts say some policymakers will dissent in favour of a rate hike.After two days of closed-door sessions, the Fed's open market committee (FO

The Bank of England should hold interest rates on Thursday, City AM’s Shadow Monetary Policy Committee has said, after a string of economic data prints showed the threat of spiralling inflation had eased. The Shadow MPC – a group of economists compiled by City AM – said a series of economic data releases had suggested…

Currency Markets Key Facts —Mid-market rate. One Peruvian sol bought roughly 0.29 US dollars on Monday, 27 July. —Inverse quote. One US dollar traded between 3.40 and 3.48 Peruvian soles across major platforms. —Provider spread. One provider quoted 0.2937 USD per sol, while another showed 0.2959 USD per sol. —Central b

The Federal Reserve is expected to keep its overnight rate unchanged at the conclusion of its July meeting.

"After months of upside inflation surprises, patience is wearing thin," writes EY-Parthenon's Gregory Daco.

Consumer inflation has undershot expectations for three successive months