Federal Reserve Interest Rate Decision Looms as Wall Street Awaits Inflation Combat Plan
The Federal Reserve is set to make its interest rate decision this week, which will be closely watched by Wall Street.
The central bank's two-day meeting concludes on Wednesday, and it is expected to raise its benchmark interest rate in an effort to combat high inflation.
This move would aim to tame stubbornly high inflation rates that have been a concern for the US economy.