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India 360: Will the Fed Raise Interest Rates During a Banking Crisis?
Zee Business Video Team | Updated: March 23, 2023 09:43 am
Jerome Powell faces the toughest choice of his Fed career later today as he seeks to thread the needle between fighting inflation and easing the current bank crisis. It is believed that the Fed may raise interest rates by 0.25 percent due to its fight to control inflation. But in view of the current banking crisis, the Fed may also decide not to raise interest rates this time. The Goldman Sachs economists estimate that the Fed could keep rates unchanged this week. Will the Fed cut interest rates? Watch this special discussion on India 360.