4 Top Finance Picks Amid Chances of Near Zero Rates Till ’23

The much-awaited Federal Reserve Open Market Committee (FOMC) meeting regarding the core monetary policy will be ending today afternoon. Per the CME Group FedWatch tool, there is a 100{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} chance that interest rates will be left unchanged this time as well.

The central bank’s decision will not be a surprise for the markets as in the June FOMC meeting, interest rates were left at 0.00-0.25{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49}, with indications that it will be at the same level through 2022.

Further, in late August, the Fed announced a major change in its inflation policy, seeking to support the fall in unemployment level by