The Fed Is Waiting and Watching an Uncertain Economy

Core Insights - Inflation remains elevated but stable, contributing to a steady job market, which leads economists to forecast that the Federal Reserve will maintain current interest rates [1] Economic Indicators - Inflation is described as elevated but steady, indicating a lack of significant fluctuations in price levels [1] - The job market is holding up, suggesting resilience in employment rates and job creation [1] Federal Reserve Outlook - Economists predict that the Federal Reserve will keep interest rates at their current levels, reflecting confidence in the stability of inflation and the job market [1]