Fed Meeting Today: What to Watch

Live coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite

Last Updated:Few investors expect the Federal Reserve to raise interest rates from the target range of 5.25% to 5.5% at today's meeting.

Still, fresh economic data rattled investors on Tuesday: The lowest number of monthly housing starts since June 2020, coupled with hotter-than-expected inflation in Canada, fanned fears that resilient price pressures will prompt the Fed to increase rates later this year. Fed officials will release their latest economic outlooks for the next few years on Wednesday, which will help shape investors’ expectations for interest rates in 2024.

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