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The Economic Times

Top News / The Economic Times

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Fed decision day: What Powell may say today about inflation, rates and growth

Fed meeting today: The Fed meeting today comes at a critical moment. With oil prices surging due to the Middle East conflict and inflation still above the Federal Reserves 2% target, policymakers are expected to keep interest rates unchanged in the 3.5%3.75% range. Markets are already pricing in a 98.9% probability of no rate change, signaling strong consensus. But the real story isnt the decisionits the uncertainty ahead. Experts say prolonged high oil prices could weaken spending and push recession risks higher, forcing cautious policy decisions.

18 Mar 2026 6:17 pm