No Change In Rates Expected At Fed’s September Meeting

The Federal Reserve is not expected to alter short-term rates from their current 5.25%-5.5% level at the next rate announcement on September 20. However, the projections and press conference associated with the meeting will be help signal whether rates could be increased at one of the remaining two Fed meetings of 2023.

Summary of Economic Projections

The September meeting will disclose the latest Summary of Economic Projections from Fed decision makers. This includes a set of forecasts for year-end interest rates. For 2023, this will signal where policy makers see rates going at the November and December Fed meetings.