One little-known meeting helps decide what Americans can afford — and what they can’t
The Federal Reserve will set interest rates Wednesday
The Federal Open Market Committee meeting is a closed-door session where policymakers decide whether interest rates will remain high or begin to ease. (Michael Nagle/Bloomberg via Getty Images)
Federal Reserve Chair Jerome Powell is widely expected to announce that the central bank will hold rates steady this week. (Roberto Schmidt/AFP/Getty Images)
President Donald Trump speaks about the military strikes against Iran on March 9, 2026, at Trump National Doral Miami. (Mark Schiefelbein/AP Photo)
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