Fed meeting updates: Powell to announce interest rates as DOJ probe looms
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Fed meeting updates: Powell to announce interest rates as DOJ probe looms
"It's the first Fed day of 2026, and Chair Jerome Powell is in the hot seat."
"Central bank leaders will announce their January interest rate decision at 2 p.m. ET."
"The meeting follows weeks of political pressure from the Trump administration and a recently announced Department of Justice probe."
"Business Insider will be covering projections from economists, the Fed decision, and market moves all day. Check back here for updates."
Federal Reserve leaders will announce the January interest rate decision at 2 p.m. ET on the first Fed day of 2026. Chair Jerome Powell faces intensified scrutiny amid weeks of political pressure from the Trump administration and a newly announced Department of Justice probe. Economists are expected to release projections and markets will react to the decision and any guidance on future policy. Market participants and observers should expect volatility around the announcement as investors reassess the path of interest rates. Media outlets will provide real-time coverage of projections, the decision, and market movements throughout the day.
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