The Federal Reserve continues to meet over monetary policy but is expected to hold rates steady.

<div class="block">The Federal Reserve continues to meet over monetary policy but is expected to hold rates steady.</div>

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Fed Expected to Hold Interest Rates Steady

The Federal Reserve's September meeting continues today. The Federal Reserve Board is expected to pause interest rates hikes. The FED will release its rate decision and committee forecasts at two pm Eastern fed chair Jerome Powell is holding a press conference at 2:30 p.m. Eastern. The fed's target rate is currently between a range of five and a quarter percent to 5.5%.