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The Fed is likely to hold rates steady with volatile oil prices and poor US jobs performance [Business Insider]

ZipRecruiter, Inc. Class A (ZIP) 
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in The Federal Reserve will announce its March interest rate decision on Wednesday afternoon. It's likely the FOMC will hold rates steady, especially as the Iran war has sent oil markets into chaos. The Fed will also release its first economic projections of 2026. It's been a tumultuous few weeks for the US economy, and the Federal Reserve is paying attention. The central bank will announce its second interest-rate decision of 2026 on Wednesday afternoon, with CME FedWatch predicting a near-total chance of a rate hold based on market moves. The Fed cut rates three times in the second half of 2025, and has penciled in at least one rate cut for the new year. For consumers, these policy decisions affect inflation, the job market, and borrowing costs. At the March meeting, Fed leaders will consider the dismal February job growth report , steady Show less Read more
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