Here comes the Fed ...
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The Federal Reserve will at 2 p.m. ET release a policy statement following its two-day meeting.
The central bank is widely expected to announce its third interest-rate increase this year, raising its benchmark fed funds rate by 25 basis points to a range of 1.25% to 1.50%. This would eventually lift the interest rates banks charge customers for various credit products like mortgages and loans.
The Fed would hinge its decision to raise rates on the... Читать дальше...