While Powell revealed little about the Fed’s plan of action, it is becoming more likely that interest rates will also be held at the upcoming board meeting in March. The CME Fed

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.