Fed to stay on-hold next week, keep next rate hikes open-ended – WSJ’s Hilsenrath

WSJ’s Hilsenrath noted in his article published today that the Fed is likely to hold rates at its meeting next week on the back of uncertainties surrounding global markets.

Key Quotes:

Fed likely to hold at the meeting next week

To leave open-ended when they’ll next raise rates

Citing uncertainties over markets and global growth

Yellen to craft a message that gives the Fed flexibility to lift rates in April or June (should the economy perform well in the weeks ahead) … but without committing to a move in case economic data disappoint or new market turmoil erupts

WSJ’s Hilsenrath noted in his article published today that the Fed is likely to hold rates at its meeting next week on the back of uncertainties surrounding global markets.

(Market News Provided by FXstreet)