Fed Faces Critical Decisions on Interest Rates Amid Persistent Inflation

Upcoming meeting to reveal economic projections and potential rate cut timeline as inflation remains a key concern.

Federal Reserve expected to keep benchmark interest rate steady at 5.25-5.5%.
Officials emphasize need for more evidence of disinflation before considering rate cuts.
Economic projections to be closely watched, with possible revisions to growth and inflation forecasts.
Division among Fed members on the timing and necessity of future rate cuts.
Key data releases, including jobs report, will influence upcoming Fed decisions.