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Karen Maley

Why the Fed can’t answer this burning question for investors

Investors are craving guidance from the Fed this week around what will happen to US interest rates in 2024. They’re likely to be disappointed.

Karen MaleyColumnist
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Investors are hopeful that this week’s meeting of the US Federal Reserve’s important interest-rate setting committee might finally lift the uncertainty shrouding the US economic outlook – and the likely course of US interest rates in 2024.

Investors are hoping Federal Reserve boss Jerome Powell will give a clear read on what will happen to US interest rates in 2024. Reuters

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Jill Margo was a senior writer at The Australian Financial Review.
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    Original URL: https://www.afr.com/companies/financial-services/why-the-fed-can-t-answer-this-burning-question-for-investors-20230917-p5e58l