The Traderszone Network

Published in TZ Latest News 27 October, 2015 by The TZ Newswire Staff

Fed seen holding rates steady as investor skepticism swirls

The Federal Reserve is expected to keep interest rates unchanged on Wednesday and may struggle to convince skeptical investors it can tighten monetary policy before the end of the year in the face of U.S. and global economic headwinds. The world’s most powerful central bank hasn’t hiked rates in about a decade and markets see virtually no chance it will do so at the end of this week’s two-day policy meeting. The Fed is scheduled to announce its rate decision at 2 p.m. ET (1800 GMT).