Wednesday, 20 October, 2021
E-paper

People take pictures of the Federal Reserve building in Washington, DC. With the US on the upswing from the Covid-19 pandemic, the Federal Reserve is expected to weigh in next week on whether the economy is healthy enough to begin withdrawing stimulus measures credited with aiding the revival. But the two-day meeting of the central bank's policy-setting Federal Open Market Committee (FOMC) beginning September 21, 2021, ultimately may be a static event, like many others in recent months. Analysts do not expect the Fed to immediately begin the much-expected slowing of its massive bond purchases, and while the committee will release updated economic forecasts, few big changes are expected from previous estimates released three months ago.