Fed Seen Holding Rates Steady Through September

The Federal Reserve is widely expected to keep its benchmark interest rate unchanged at its next three policy meetings, signaling a continued pause as officials assess inflation, growth and the labor market. If the central bank follows the anticipated path, it would leave the upper bound of the federal funds target range steady through June, July and September.

A series of back-to-back pauses would underscore the Fed’s cautious approach after a prolonged tightening cycle. Policymakers are likely to remain focused on whether price pressures continue to ease enough to justify any future shift in rates, while keeping borrowing costs elevated to avoid reigniting inflation.