Federal Reserve Likely to Hold Interest Rates Steady Amid Strong Economy

Investors Watch for Signs of Potential Rate Cut in March as Inflation Continues to Squeeze Americans

The Federal Reserve is expected to hold interest rates steady for the fourth consecutive meeting, leaving them at a 23-year high.
Investors are closely watching for signs that the first rate cut could come in March, but the Fed is likely to stop short of ruling out that possibility.
Financial markets are pricing in a decent chance of the first rate cut coming in the spring, despite the broader US economy remaining on strong footing.
Recent economic data has shown the US economy expanded at a healthy pace of growth, and consumer spending remained strong in December.
Despite improvements in Americans' views of the economy, a majority have said that high inflation is continuing to squeeze them financially.