The US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and supply chains snarled due to war in the Middle East.
The Federal Reserve's two-day meeting, starting Tuesday, could be chairman Jerome Powell's last at the helm of the independent institution.
kAmqFE :E E2<6D A=246 282:?DE 2 EC:4<J 324<5C@A] !@H6==VD DF446DD@C 92D 72465 2 3F>AJ C@25 E@ 4@?7:C>2E:@?[ H9:=6 A@=:4J>2<6CD 32EE=6 4@>A6E:?8 AC6DDFC6D 2D DE66A6C 7F6= AC:46D 5C:G6 :?7=2E:@? 2?5 ;@3 >2C<6E H@CC:6D =:?86C]k^Am
kAmu65 @77:4:2=D 2C6 D6E E@ <66A C2E6D DE625J 2E 2 C2?86 36EH66? b]d_ A6C46?E 2?5 b]fd A6C46?E[ 6IE6?5:?8 E96:C A2FD6 D:?46 E96 DE2CE @7 E96 J62C]k^Am
kAmQ(6 DE:== 92G6 2 G6CJ 9:89 =6G6= @7 F?46CE2:?EJ @? H92EVD 92AA6?:?8 :? E96 |:55=6 t2DE[Q z!|v D6?:@C 64@?@>:DE z6??6E9 z:> E@=5 pu![ 29625 @7 FA4@>:?8 A6246 E2=<D]k^Am
kAm~:= 2?5 82D@=:?6 AC:46D C6>2:? 6=6G2E65 6G6? :7 E96J 92G6 A62<65[ >62?:?8 QE96C6VD 46CE2:?=J 2? 6?6C8J D9@4< E92EVD DE:== :>A24E:?8 3@E9 4@?DF>6CD 2?5 3FD:?6DD6D[Q 96 D2:5]k^Am
kAm%96 u65 92D 2 5F2= >2?52E6 @7 >2:?E2:?:?8 AC:46 DE23:=:EJ 2?5 =@H F?6>A=@J>6?E] xE E6?5D E@ <66A :?E6C6DE C2E6D 9:89 E@ 4FC3 :?7=2E:@? @C =@H6C E96> E@ DAFC 8C@HE9[ >62?:?8 E92E 4FCC6?E 4@?5:E:@?D AF== @77:4:2=D :? 5:776C6?E 5:C64E:@?D]k^Am
kAm}2GJ u656C2= rC65:E &?:@? r9:67 t4@?@>:DE w62E96C {@?8 6IA64ED !@H6== E@ 36 Q?@?\4@>>:EE2=Q @? E96 A2E9 @7 C2E6D[ 2D E96 7F== :>A24E 7C@> E96 H2C @? xC2? C6>2:?D F?<?@H?]k^Am
kAm%96 @:= AC:46 9:<6D 42>6 27E6C &$\xDC26=: DEC:<6D E2C86E:?8 xC2? 7C@> u63CF2CJ ag DA2C<65 %69C2?VD C6E2=:2E:@? :? G:CEF2==J 4=@D:?8 E96 $EC2:E @7 w@C>FK \\ 2 <6J H2E6CH2J 7@C 6?6C8J EC2?D:E]k^Am
k9am\ r@?E2:?:?8 :?7=2E:@? \k^9am
kAmu65 @77:4:2=D H:== =:<6=J 7@4FD >@C6 @? 4@?E2:?:?8 :?7=2E:@? E92? E96 ;@3D >2C<6E E9:D >66E:?8[ H:E9 E96 H2C 6?E6C:?8 :ED ?:?E9 H66<]k^Am
kAm%96 DEC2:E :D 2=D@ 2 <6J A2DD286 7@C 76CE:=:K6CD[ 2?5 5:DCFAE:@?D E9C62E6? E@ 9:E 7@@5 AC@5F4E:@?]k^Am
kAmp=C625J[ &$ 4@?DF>6C :?7=2E:@? C624965 :ED 9:896DE =6G6= :? ?62C=J EH@ J62CD :? |2C49 2E b]b A6C46?E 2D 6?6C8J 4@DED C@4<6E65]k^Am
kAmu65 v@G6C?@C r9C:DE@A96C (2==6C[ H9@ 62C=:6C 324<65 =@H6C C2E6D E@ DFAA@CE 6>A=@J>6?E[ :?5:42E65 E9:D >@?E9 E92E 2 AC@=@?865 4@?7=:4E 4@F=5 >2<6 :E 92C5 7@C E96 46?EC2= 32?< E@ 4FE C2E6D E9:D J62C]k^Am
kAmx7 E96C6 H6C6 9:89 :?7=2E:@? 2?5 2 H62< =23@C >2C<6E[ @?6 H@F=5 92G6 E@ 32=2?46 C:D<D @? 3@E9 D:56D]k^Am
kAm%9:D Q>2J >62? >2:?E2:?:?8 E96 A@=:4J C2E6 2E E96 4FCC6?E E2C86E C2?86 :7 E96 C:D<D E@ :?7=2E:@? @FEH6:89 E9@D6 E@ E96 =23@C >2C<6E[Q 96 E@=5 2? p=232>2 6G6?E]k^Am
kAmz!|vVD z:> D2:5 D@=:5 9:C:?8 C646?E=J Q8:G6D E96 u65 D@>6 4FD9:@?Q E@ E6>A@C2C:=J 7@4FD >@C6 @? AC:46D]k^Am
kAmp?2=JDED H:== >@?:E@C :7 E96 u65 D:8?2=D :? :ED A@DE\>66E:?8 DE2E6>6?E E92E C2E6 9:<6D 2C6 2 A@DD:3:=:EJ]k^Am
k9am\ VrC:E:42= ;F?4EFC6V \k^9am
kAm%96 u65 :D 2=D@ E2<:?8 :ED ?6IE DE6AD F?56C :?E6?D6 A@=:E:42= D4CFE:?J]k^Am
kAm!C6D:56?E s@?2=5 %CF>A 92D >256 ?@ D64C6E @7 9:D H:D9 7@C =@H6C :?E6C6DE C2E6D[ 2?5 C68F=2C=J D=2>>65 !@H6== 7@C ?@E 4FEE:?8 E96> 288C6DD:G6=J]k^Am
kAmq6J@?5 C96E@C:4[ %CF>A 92D D@F89E E@ @FDE u65 v@G6C?@C {:D2 r@@< @G6C 4=2:>D @7 >@CE8286 7C2F5] %96 $FAC6>6 r@FCE :D D6E E@ CF=6 @? H96E96C 96 42? 7:C6 96C]k^Am
kAm|62?H9:=6[ %CF>AVD 49@:46 @7 ?6H u65 492:C>2? \\ z6G:? (2CD9 \\ 92D 72465 2 3F>AJ C@25 E@ 4@?7:C>2E:@?]k^Am
kAm#6AF3=:42? D6?2E@C %9@> %:==:D @? E96 $6?2E6 q2?<:?8 r@>>:EE66 G@H65 E@ 3=@4< u65 2AA@:?E>6?ED F?E:= 2 yFDE:46 s6A2CE>6?E AC@36 :?E@ E96 u65 2?5 !@H6== :D C6D@=G65[ D6EE:?8 FA 2 A@E6?E:2= :>A2DD6 @? E96 A2?6= (2CD9 ?665D E@ 4=62C]k^Am
kAmqFE E96 s6A2CE>6?E @7 yFDE:46 D2:5 uC:52J :E H@F=5 5C@A E96 :?G6DE:82E:@? =:?<65 E@ C6?@G2E:@? 4@DED @G6CCF?D[ A@E6?E:2==J A2G:?8 E96 H2J 7@C (2CD9VD 2D46?52?46]k^Am
kAmpD<65 3J ;@FC?2=:DED $2EFC52J 23@FE E96 s~yVD >@G6[ %CF>A D2:5 96 DE:== H2?ED E@ =@@< :?E@ E96 4@DE @7 E96 u656C2= #6D6CG6 3F:=5:?8 C6?@G2E:@?D[ H9:49 96 92D 4=2:>65 :D E@@ 9:89]Â k^Am
kAmQx E6== J@F[ x H2?E E@ 7:?5 @FE] x 92G6 2? @3=:82E:@? E@ 7:?5 @FE[Q 96 D2:5]k^Am
kAm(2CD9 92D C6A62E65=J A=65865 E@ C6>2:? :?56A6?56?E :7 4@?7:C>65]k^Am
kAmQ(6VC6 2E 2 4C:E:42= ;F?4EFC6 7@C E96 u65[Q t*\!2CE96?@? 49:67 64@?@>:DE vC68@CJ s24@ E@=5 pu!]k^Am
kAmQxE >2J 36 E92E F?56C (2CD9[ H6VC6 8@:?8 E@ D66 =6DD u65 EC2?DA2C6?4J[ =6DD u65 4@>>F?:42E:@? E92? H6 925 :? E96 A2DE[Q 96 D2:5[ C676CC:?8 E@ (2CD9VD 4@?7:C>2E:@? 962C:?8 E6DE:>@?J]k^Am
kAm!@H6==VD 492:C>2? E6C> 6IA:C6D |2J `d[ 2?5 96 @C:8:?2==J :?E6?565 E@ DE2J @? E96 u65VD 3@2C5 @7 8@G6C?@CD F?E:= E96 AC@36 @? 9:> :D 4@>A=6E65]k^Am
kAmp== 6J6D 2C6 @? 9:D 7FEFC6 A=2?D 2E 9:D D4965F=65 AC6DD 3C:67:?8 (65?6D52J]k^Am
kAm3JD^D=2^>;7k^Am
