Former Fed Advisor States Rate Hike Probability Is Zero Today

Jon Foster aligns with John Williams that surprise rate hikes lack credibility benefits, indicating the Federal Reserve will maintain current interest rates during today's meeting.

Woofun AI reports that former Senior Fed Advisor Jon Foster stated the Federal Reserve will not raise interest rates today. Foster agreed with FOMC Vice Chair John Williams that "the possibility of gaining a credibility dividend by deliberately choosing to surprise the market is not operative."