Fed Still Uneasy About Steady Rate Hikes

Nobody minds a little attention now and again, but with all the drama and speculation hovering over Federal Reserve policy in recent years, policymakers likely enjoy some time away from the spotlight. That’s set to be the case this week, as the central bank gathers for another meeting it assures market participants is “live,” in that it could theoretically result in a second interest rate increase, but no one actually expects it. “The Fed is almost certain to sit tight at this meeting,” says Dav

Source: Peterson Institute (PIIE)