The Federal Reserve’s final interest rate decision of 2023 is likely to be the culmination of several months of deliberations and economic analyses. As it considers the current monetary and economic conditions at the end of 2023, the Fed will likely keep an eye on inflation, unemployment and other key economic indicators that have defined the economic recovery over the course of the year. It is expected that the Fed will consider any changes to their targeted inflation rate, assess the health of the labor market, and weigh the risks to the financial markets. The Fed is likely to make a decision that reflects a balance between supporting economic recovery and limiting any negative consequences of continuing to provide monetary stimulus. The final decision could range from a small increase or decrease in the Federal Funds rate to no change at all.
What to expect as the Fed prepares its final interest rate decision of 2023
