What to expect as the Fed prepares its final interest rate decision of 2023

The Fed’s final interest rate decision for 2023 will reflect the current economic projections and outlook for the U.S. economy. It is likely that the Fed will remain stimulative in order to help the economy recover from the effects of the pandemic and the resulting downturn. Expect a decision that is likely to leave the main federal funds rate unchanged, probably in the 0.00–0.25% range, or to reduce the rate slightly. The Fed may also potentially announce additional measures to provide additional stimulus to the economy if it believes it is needed.