This week, the Federal Reserve is expected to announce an interest rate decision at their meeting, with many expecting a modest increase. Analysts have been keeping a close eye on the inflation rate, as a higher rate could lead to a steeper increase.

The New York Times reports that the Federal Reserve is likely to keep the rate hike smaller than expected, as the inflation rate has cooled in recent months. Bloomberg Markets and Finance adds that the Federal Reserve is set to shrink rate hikes again as inflation slows.

CNBC adds that the Federal Reserve is likely to hike interest rates again, and explains what this could mean for the average consumer. ZAWYA examines the potential risks of the Federal Reserve overdoing it, as a higher rate could lead to economic instability.

No matter what the Federal Reserve decides, it will have a major impact on the US economy. For more information on this week’s meeting and the potential outcomes, view the full coverage on USNN.