Mosam 15 day

Federal Reserve policymakers are poised to pause their hiking of interest rates for the first time in 15 months, while retaining a tightening bias that signals a possible resumption of moves as soon as next month. The rate decision and committee forecasts will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.

Federal Reserve policymakers are poised to pause their hiking of interest rates for the first time in 15 months, while retaining a tightening bias that signals a possible resumption of moves as soon as next month. The rate decision and committee forecasts will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.

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