Investors anticipate Fed meeting under Powell
The U.S. Federal Reserve Chairman, Jerome Powell, faces pressure regarding interest rate decisions amid rising inflation that has reached around 4.2%. There are expectations that interest rates will remain at current levels between 3.5% and 3.75% until 2027. The financial community is divided over the possibility of raising rates or adjusting statements related to monetary easing, especially as oil prices decline following an agreement between the United States and Iran, which could reduce the pressure to increase interest rates in the near future.
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