U.S. Treasury yields were higher on Tuesday as the Fed's meeting is due to kick off and investors assessed the outlook for monetary policy around the world.
The Fed's meeting begins Tuesday and investors are widely expecting policymakers to announce a 25 basis point rate increase on Wednesday. The picture is, however, less clear when it comes to the other three Fed meetings scheduled for the year and what policy moves the central bank could make then.are on the table. That means both further rate hikes as well as an end to the Fed's rate-hiking campaign are possibilities.suggested that inflationary pressures are in fact easing.
Guidance published alongside the rate decision and the post-meeting press conference Fed Chair Jerome Powell is expected to speak at will therefore be important for investors.
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