The US Federal Reserve is set to announce its interest rate decision, and the financial markets are on edge. With an unexpected rise in core consumer prices, the pressure is on the Fed to take action to combat inflation. However, there is also a possibility that the Fed may opt to keep rates steady or even lower them.
The outcome of this meeting will have a significant impact on the global economy. A rate hike could lead to higher borrowing costs and slower economic growth, while a rate cut could boost investment and stimulate economic activity. As the Fed prepares to unveil its decision, investors and businesses around the world are closely watching for any clues about the future direction of monetary policy.
