Economics
Fed’s Guidance Catches Up With Powell’s New Strategy: Week Ahead
- Central banks in Japan, U.K., Russia also scheduled to meet
- Weekly take on events in the world economy and their fallout
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Federal Reserve Chair Jerome Powell can expect questions this week on what extra steps the central bank will take to support growth, half a year since the economy locked down to contain the coronavirus.
Policy makers are not expected to change the current guidance in their statement on how long interest rates will stay near zero, though it could be a close call.