The Federal Reserve will announce its final interest rate decision of 2023 at its last meeting in December. The decision will be based on the Fed’s assessment of current and projected economic conditions, including inflation, employment, and financial market conditions. It is likely that the Fed will maintain its current rate, as it prefers to move slowly and cautiously with monetary policy. The Fed may also indicate future rate plans, including when the next rate-setting meeting will be held and what level of rates should be expected at that time.
What to expect as the Fed prepares its final interest rate decision of 2023
