‘They don’t have the luxury of time anymore’


Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020.

Erin Scott | Bloomberg | Getty Images

With inflation still elusive and a host of questions surrounding an economy that just set a single-quarter record for growth, the Federal Reserve faces a choice of whether to wait for conditions to unfold further, or act now to provide some extra help.

Most market participants expect the Federal Open Market Committee to sit on its hands when it holds its policy meeting Wednesday and Thursday.

However, officials are expected to discuss the policy options open to them at this point, and with so much uncertainty surrounding the current situation it…


‘Stay invested’ — Raymond James CEO on investing amid Covid worries

Previous article

Restaurants see new Covid restrictions as U.S. cases hit record high

Next article

You may also like

Leave a Reply

Notify of

More in Finance