Federal Reserve poised to raise interest rates

Federal Reserve poised to raise interest rates
 

The US Federal Reserve is widely expected to raise interest rates again at its regular meeting on Wednesday.
Analysts expect the central bank to increase the target for the bank's benchmark rate by 0.25%, to a range of 2%-2.25%.
The move would mark the bank's eighth rate rise since 2015, extending a policy of gradual rate rises.
Fed Chair Jerome Powell endorsed that approach again last month, saying it was a safe path amid uncertainty.
Now investors are looking for clues about how high the Fed might eventually go - as well as signs that policymakers could start to move more aggressively.
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26 September 2018 in Business, Views: 53
Source: BBC
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