Tag: Darden Restaurants Inc
Traders brace for the final Fed meeting of 2023 in the week ahead as they look for clues on possible rate cuts
[ad_1] The last Federal Reserve meeting of 2023 is on deck in the week ahead, and investors will be keen to look for signals on when the central bank may start to cut interest rates, as stocks try to finish the year off on a high note. Fed Chair Powell is widely anticipated to keep the key fed funds rate steady in the 5.25%-5.5% range, where it’s been since July, at the conclusion of its December policy meeting next Wednesday. The central bank has already held the benchmark rate steady for the last two consecutive meetings. But investors are awaiting ... Read more