Fed officials will release a new policy statement and update their economic projections today
Federal Reserve officials are on track to leave interest rates unchanged at their two-day meeting ending Wednesday and could indicate they are comfortable holding them steady for a while.
The central bank in January signaled a pause in rate increases, and officials are ready to announce more details of how they will end the runoff of their $4 trillion asset portfolio later this year. The Fed has taken some action to withdraw stimulus from the economy every quarter since late 2016, and that streak will end this week.
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