What To Expect From The Fed’s Next Interest Rate Decision

The Federal Reserve is scheduled to set short-term interest rates again on September 20. Markets suggest that that Fed will most likely hold interest rates steady, after a 0.25-percentage-point increase at the July meeting.

There will be two new months’ of data for most economic series before the Fed’s decision, so a rate increase is possible if the data on inflation is dire, or if the economy continues to run much hotter than the Fed would like.