As inflation conundrum persists, Fed to stand pat

WASHINGTON: - tion seen in the world’s largest economy over the last year is a -

And the dilemma — why price pressures have not picked up despite nearly a decade’s worth of falling unemployment and growth — will be squarely at the fore when Federal Reserve policymakers gather Tuesday for a two-day

If futures markets are to be be on benchmark interest rates at the unchanged at between one percent

But it expects to adopt a rate hike

Hovering over the Fed’s deliberations will be President Donald - eyes will be looking for clues about

And the camp that favors a rate increase likely got a boost on Fri growing at a three percent clip in the third quarter despite the pounding taken by the commercial and industrial hubs battered

But after the Fed’s most recent growth and job creation had not pro - ing central bankers in an increasingly

“It was pretty understandable

most of her colleagues on the begin rising next year and hit their

But an increasingly vocal minority on the committee say this expectation looks less like sound forecasting based on hard numbers and more like an untested

Monday is due to release a new it is unlikely to change the overall

The ‘gig’ economy and wages