The Fed to meet about interest rates. And, Sen. Mullin faces DHS confirmation hearing
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The Bottom Line
The Federal Reserve is expected to hold interest rates steady while Sen. Mullin faces a confirmation hearing for DHS secretary.
AI Summary
The Federal Reserve is expected to keep its benchmark interest rate unchanged today as the economy faces lingering uncertainty. Sen. Mullin is undergoing a confirmation hearing to become secretary of the Department of Homeland Security. The Fed's decision will signal its current approach to inflation and growth, while Mullin's hearing determines whether the Senate will approve his nomination to lead the agency.
What's Being Done
The Fed is meeting to decide on rates; Mullin is undergoing Senate confirmation proceedings.
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