Investors have lifted odds that the Federal Reserve is on the verge of raising interest rates, but lingering labor-market fragility and the risks to growth from surging oil prices make that a long shot, at least for now.
Investors have lifted odds that the Federal Reserve is on the verge of raising interest rates, but lingering labor-market fragility and the risks to growth from surging oil prices make that a long shot, at least for now.
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 18, 2026. Federal Reserve officials left interest rates unchanged and continued to expect one rate cut this year as they acknowledged increased uncertainty due to war in the Middle East.
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