The Federal Reserve’s two-day September meeting will begin on Wednesday. During the meeting, Fed officials will decide to either raise interest rates for the first time in years, or delay that move for several more months.
While we’re all patiently awaiting the final decision to be announced on Thursday, here are five articles to help you better understand the situation.
1. Bloomberg outlines an argument in favor of raising interest rates:
2. The Washington Post argues the opposite:
3. Fortune reports that, historically speaking, a rate hike is unlikely to happen this week:
4. Quartz stresses that it’s been a long time since the Fed has raised rates, complicating the process:
5. The Wall Street Journal reports that stocks have fallen in European, Asian, and U.S. markets this week, possibly due to uncertainty over the Fed’s move: