What a Fed Debate 17 Years Ago Reveals About Its Rate Deliberations Now

Officials aren’t sure about their interest-rate path and communicating that can be tricky

The Fed is expected to raise interest rates this week for the 10th consecutive time. Photo: Al Drago/Bloomberg News

After Federal Reserve officials likely agree to raise interest rates this week, their conversation will shift to a question weighing heavily on investors that they will find difficult to answer: Are they finished?

Officials are on track to focus their meeting Tuesday and Wednesday on how to communicate their rate outlook. They’ll do this chiefly through their postmeeting policy statement, the product of extensive debate and a vote by their rate-setting committee.

What's News

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers
  • TurboTax:
    Save up to $15 with TurboTax coupon May 2023
  • The Motley Fool:
    Epic Bundle - 3x Expert Stock Recommendations
  • H&R Block Tax:
    15% Off DIY Online Tax Filing Services | H&R Block Coupon Code
  • Top Resume:
    10% TopResume Discount Code for expert resume-writing services
  • eBay:
    30% off eBay coupon
  • Groupon:
    Exclusive Groupon Promo Code - 30% Off Local Experiences