3 Day Balance Before FOMC Meeting

3 day balance area

FOMC Meeting Announcement
2:00 PM ET Wednesday March 16

The Federal funds rate target is expected to remain unchanged at a range between 0.25 to 0.50 percent, where it was set at the December FOMC. Though some Fed officials have been pointing to the strength of recent inflation data, there are no expectations among Econoday’s 12 forecasters for any change at the March meeting.

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