SENSEX
NIFTY
GOLD
USD/INR

Weather

image 35    C

National News

The Economic Times

National / The Economic Times

details

Inflation clouds Fed decision despite hold expectations

The US Federal Reserve is expected to maintain current interest rates on Wednesday. Analysts anticipate some policymakers may dissent, advocating for a rate increase. Surging inflation, fueled by President Donald Trump's actions, is a significant concern for many. Policymakers worry about inflation expectations becoming unmoored from the two percent target. The central bank aims to prevent a repeat of past inflation episodes.

29 Jul 2026 9:52 am