Fed meeting live updates: Rate hike expected for the first time in three years
The Federal Reserve has decided to maintain current interest rates, despite ongoing battles against high inflation. This decision comes just days before the US midterm elections and as financial markets continue to price in the possibility of at least one rate hike before the end of the year. The Fed's decision was made in a split vote.
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- ✓ The Federal Reserve has decided to maintain current interest rates.
- ✓ The decision was made in a split vote.
- ✓ The Fed's decision comes just days before the US midterm elections.
What changed
The Federal Reserve's decision to hold interest rates steady, despite expectations of a possible rate hike.
Live updates
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Fed holds interest rates steady in split vote
The Federal Reserve has decided to maintain current interest rates, despite ongoing battles against high inflation. This decision comes just days before the US midterm elections and as financial markets continue to price in the possibility of at least one rate hike before the end of the year. The Fed's decision was made in a split vote.
Why it matters
The Federal Reserve's decision on interest rates is closely watched by investors and analysts as it can impact the overall direction of the economy. The US is currently experiencing high inflation, which has been a challenge for the Fed to manage. The midterm elections are also approaching, which can add to the complexity of the decision-making process.
What is confirmed
- The Federal Reserve has decided to maintain current interest rates.
- The decision was made in a split vote.
- The Fed's decision comes just days before the US midterm elections.
Still unconfirmed
- Politics played 'no role' in the Fed's decision, according to Warsh.
What to watch next
- The Fed's next rate decision
- Key earnings reports from Microsoft and Alphabet
- The US midterm elections
confidence 100%Sources used for this update (2)
- economictimes.indiatimes.com — FED Meeting Live | Dow Jones Futures | US Stock Market Live: S&P 500, Nasdaq open higher as SK Hynix lifts chips; Fed meet in focus
- finance.yahoo.com — Rate decision live: Interest rates held steady in split vote, Warsh says politics played 'no role' ahead of midterm elections
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Federal Reserve Expected to Hold Interest Rates Steady
The Federal Reserve is widely anticipated to maintain current interest rates at its upcoming policy meeting. Analysts point to this steady stance arriving just days before the United States midterm elections. Financial markets continue to price in the possibility of at least one rate hike before the conclusion of the year, despite ongoing battles against stubbornly high inflation. Central bank watchers track market-implied probabilities through SOFR overnight index swaps as policymakers prepare to issue their latest rate decisions.
Why it matters
Investors recently retreated from technology shares amid concerns over artificial intelligence spending and defensive sector shifts. These market movements followed global equities lower and pushed oil prices to a five-month high. Central bank decisions remain a primary driver of bond market flows and currency valuations during the current monetary tightening cycle.
What is confirmed
- The Federal Reserve is expected to hold interest rates steady at its meeting.
- The upcoming Federal Reserve meeting falls days ahead of the United States midterm elections.
- Financial markets are pricing in at least one rate hike before the end of the year.
Still unconfirmed
- Markets have priced in the path of future federal funds rates using SOFR overnight index swaps.
What to watch next
- The official Federal Reserve policy announcement and interest rate decision.
- Updated market-implied probabilities for the remainder of the year from SOFR overnight index swaps.
confidence 95%Sources used for this update (3)
- www.bluegamma.io — Federal Reserve Interest Rate Forecast: Next Meeting ...
- economictimes.indiatimes.com — Fed expected to hold rates steady days ahead of US midterms
- www.france24.com — Fed expected to hold rates steady days ahead of US midterms
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Tech Stocks Fall as AI Spending Concerns and Oil Prices Weight on Markets
Wall Street traded lower as renewed concerns over artificial intelligence spending weighed on technology shares, pushing the Nasdaq down 1.46 percent. Tesla and Meta declined after corporate updates failed to ease investor worries. Oil prices rebounded on supply fears, hitting a five-month high and driving a flight to bonds. Australian shares also opened lower following the United States tech rout, while defensive sectors gained as investors turned cautious amid ongoing inflation battles.
Why it matters
The Federal Reserve faces an October interest rate decision as September Producer Price Index inflation rose 1.3 percent, the largest increase since March 2022. Fed Chair Kevin Warsh stated that the artificial intelligence investment boom contributes to inflation, creating uncertainty ahead of the policy choice. Markets are reacting to both the timing of the impending decision as the United States approaches an election and ongoing anxieties regarding technology sector spending.
What is confirmed
- Fed Chair Kevin Warsh states that the artificial intelligence investment boom contributes to inflation.
- Wall Street traded lower with the Nasdaq falling 1.46 percent as concerns over artificial intelligence spending weighed on technology stocks.
- Tesla and Meta declined after their corporate updates failed to ease investor worries.
- Oil prices rebounded on supply fears, hitting a five-month high and driving a flight to bonds.
- Australian shares opened lower following the United States technology rout.
Still unconfirmed
- Another interest rate hike may be ahead as the Federal Reserve battles inflation.
What to watch next
- The Federal Reserve's official interest rate decision and statement.
- Further corporate earnings updates from major technology companies.
confidence 100%Sources used for this update (3)
- www.scrippsnews.com — Another interest rate hike may be ahead as Fed battles inflation
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Nasdaq crashes 2% as AI, oil risks drive flight to bonds
- www.abc.net.au — Markets live: ASX lower, ABC's The Business will be discontinued at the end of 2026
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Fed faces rate decision amid rising inflation and election pressure
The Federal Reserve is weighing an October interest rate decision as September PPI rose 1.3%, the largest increase since March 2022. While investors expect the Fed to pause rate hikes, Kevin Warsh's inflation concerns create uncertainty. This decision occurs as the US approaches an election, a timing Yahoo Finance describes as politically fraught. Market sentiment is mixed; the S&P 500 and Nasdaq rose Monday on an AI rebound, while the Dow slipped 0.05% at the open. Indian markets saw a reversal, with the Sensex and Nifty 50 closing over 1% lower on October 19.
Why it matters
The Fed has not raised rates in three years. Current pressure stems from a conflict between market expectations for a pause and actual inflation data. This tension is heightened by the proximity of a national election.
What is confirmed
- The S&P 500 and Nasdaq rose Monday as AI stocks rebounded.
- The Dow slipped 0.05% at the open on Monday.
- September PPI rose 1.3%, the biggest advance since March 2022.
- The Sensex and Nifty 50 closed over 1% lower on October 19.
Still unconfirmed
- Kevin Warsh's rejection of traditional communications practices makes the Fed's decision uncertain.
What to watch next
- The official Federal Reserve interest rate announcement for October
- Upcoming major corporate earnings reports
- Further inflation data updates
confidence 90%Sources used for this update (7)
- rateprobability.com — Fed rate cut odds & hike probabilities by meeting
- finance.yahoo.com — The Fed faces a politically fraught rate decision on the eve ...
- www.cnbc.com — Markets expect the Fed to hold rates in October. Kevin Warsh ...
- www.investmentnews.com — PPI shatters expectations, piling more rate hike pressure on ...
- finance.yahoo.com — Stock market today: Dow slips, Nasdaq, S&P 500 rise as the AI trade rebounds
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: S&P 500, Nasdaq open higher as AI stocks rebound ahead of major earnings
- www.thehindubusinessline.com — Stock Market Today: Sensex, Nifty close over 1% lower; private bank, IT stocks push markets lower - The HinduBusinessLine
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Wall Street Slips as Tech Shares Drop Amid Fed Rate Pressures
Wall Street indices traded sharply lower on Friday as another pullback in major technology stocks weighed on the broader market. The S&P 500 lost 1.1 percent and the Nasdaq composite sank 2.1 percent. Concurrently, oil prices remained elevated due to persistent pressure on global supplies while the United States and Iran have yet to reach an agreement to end the ongoing war. Meanwhile, Indian shares staged a sharp recovery after an earlier dip, bolstered by IT stocks gaining on Tech Mahindra's upbeat earnings.
Why it matters
Market volatility persists as investors weigh the trajectory of monetary policy following last month's move by the U.S. Federal Reserve to raise its target federal funds rate by 25 basis points to a range of 3.75 percent to 4 percent. Federal Open Market Committee minutes released Wednesday showed that most officials expect another rate increase will likely be needed this year to combat inflation. Despite elevated geopolitical uncertainty, domestic spending remains resilient and economic activity expands at a solid pace.
What is confirmed
- Wall Street traded sharply lower on Friday as another pullback in major technology stocks weighed on the broader market.
- The S&P 500 lost 1.1 percent and the Nasdaq composite sank 2.1 percent on Friday.
Still unconfirmed
- Oil prices remain elevated because global supplies face continued pressure and the U.S. and Iran have not reached an agreement to end the war.
What to watch next
- Further statements from Federal Reserve officials regarding additional rate hikes
- Developments in the U.S.-Iran conflict affecting global oil supplies
confidence 90%Sources used for this update (6)
- economictimes.indiatimes.com — Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex rises over 350 points; Nifty above 23,100; IT, metal stocks rally
- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq ...
- www.nbcnews.com — Live updates: Katie Zacharia ends brief tenure as White House press secretary
- www.briefs.co — Bolivia eyes friendlier rates for next bond sale, says finance chief
- www.briefs.co — MSCI puts Indonesia on notice: EM status at risk, decision by June 30
- www.news8000.com — US stock indexes are mostly losing ground as the tech sector weighs on the market
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Fed Officials Signal Further Rate Hikes to Combat Elevated Inflation
Most Federal Reserve officials expect another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank. The development follows last month's move by the U.S. Federal Reserve to raise its target federal funds rate by 25 basis points to a range of 3.75 percent to 4 percent. Federal Open Market Committee statements indicate that domestic spending remains resilient and economic activity expands at a solid pace despite elevated geopolitical uncertainty.
Why it matters
The central bank's shift follows a prolonged period of monetary policy adjustments designed to cool persistent price pressures. Market participants closely track incoming economic data and prediction markets to gauge the timing of subsequent policy moves. Similar tightening measures have appeared internationally, reflecting broader global efforts to stabilize currencies and manage inflation.
What is confirmed
- Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank.
- The U.S. Federal Reserve raised its target federal funds rate by 25 basis points to a range of 3.75 percent to 4 percent.
- U.S. Federal Reserve Chair Kevin Warsh attended a press conference in Washington, D.C., on September 16, 2026.
What to watch next
- Release of upcoming consumer price index and personal consumption expenditures prints
- Subsequent Federal Open Market Committee meeting policy decisions and rate probability adjustments
confidence 100%Sources used for this update (27)
- www.federalreserve.gov — Federal Reserve Board - Home
- predictionmarketspicks.com — Fed Rate Tracker — FOMC Prediction Market Probabilities ...
- economictimes.indiatimes.com — Credit Card
- www.fedex.com — Track & Ship Online or Find Nearby Locations | FedEx
- en.wikipedia.org — Federal Reserve - Wikipedia
- fred.stlouisfed.org — Federal Reserve Economic Data | FRED | St. Louis Fed
- www.frbservices.org — Home | Federal Reserve Financial Services
- www.fedex.com — Tracking Your Shipment or Packages | FedEx
- www.fedfundrate.org — Fed Funds Rate Today | Real-Time Fed Funds Rate Updates
- economictimes.indiatimes.com — RBI Policy Meeting 2026 Live: Repo rate hike or status quo? All eyes on Governor Sanjay Malhotra as RBI MPC decision looms
- timesofindia.indiatimes.com — RBI MPC Meeting October 2026 Highlights: RBI governor Sanjay Malhotra announces 25 bps repo rate hike; your EMIs set to go up
- www.cnbc.com — S&P 500 record, ICE's economic chill, Webull's China ties and more in Morning Squawk
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Federal Reserve raises benchmark rate to 3.75%-4.00% in unanimous vote
The Federal Reserve raised interest rates for the first time since 2023, lifting the benchmark rate to a range of 3.75% to 4.00% via a unanimous vote. The decision follows a worsening inflation outlook. While stocks generally declined, the Nasdaq was the sole gainer during a period of rising Treasury yields. Kevin Warsh cautioned that inflation may remain high, and officials indicated further tightening remains possible. The move puts immediate pressure on international markets, specifically impacting the Indian rupee and foreign portfolio investments.
Why it matters
This is the first rate increase in over three years. The Fed is reacting to persistent inflation risks, particularly in energy and diesel costs. Higher rates typically increase costs for mortgages and credit cards while raising returns on savings accounts.
What is confirmed
- The Federal Reserve raised interest rates for the first time since 2023.
- The benchmark rate was lifted to a range of 3.75% to 4.00% in a unanimous vote.
- The rate hike is expected to impact credit cards, mortgages, and savings accounts.
Still unconfirmed
- The US Fed has raised rates to 4%.
- Kevin Warsh is facing pressure from Donald Trump.
What to watch next
- PCE data from September 30
- Jobs report from October 2
- CPI data for October
confidence 90%Sources used for this update (14)
- www.fisclear.com — Fed Rate Monitor - Fisclear
- www.theasianbanker.com — Fed raises rates for first time since 2023 as inflation outlook worsens
- www.briefs.co — Fed lifts rates to 3.75% to 4.00% in unanimous vote, with more tightening still on the table
- www.foxbusiness.com — What the Fed's first rate hike in years means for your wallet ...
- pro.thestreet.com — Cool Inflation Print Overshadowed by Rising Yields as Stocks Stumble Into Quarter-End
- time.com — Read the Full Transcript of Donald Trump’s 2026 Interview With TIME
- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks ...
- www.wionews.com — Fed hikes rates to 4%: Why India’s rupee, FPI and stock ...
- note.com — [USD/JPY] 157 yen range despite 30% rate hike probability | ISM is the main event tonight
- www.youtube.com — FED RATE DECISION LIVE: Kevin Warsh Faces Trump Pressure | US ...
- jen.jiji.com — France, student protests, today classes suspended in 400-500 high schools
- bitnewsbot.com — Bitcoin Eyes Key $87,570 Level as 2026 Candle Nears Green
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Fed raises interest rate for first time in three years
The Federal Reserve raised its interest rate by a quarter percentage point, marking the first hike in three years. This decision comes as inflation remains elevated, with energy prices and diesel costs posing persistent risks. The move is expected to impact mortgages, credit cards, business loans, and savings for households nationwide.
Why it matters
The Fed's decision is driven by concerns over inflation, which has been fueled by stubborn energy prices and diesel costs. These costs threaten to seep into core inflation, complicating the Fed's efforts to manage the economy. The interest rate hike is a significant development, as it sets a new course for monetary policy.
What is confirmed
- The 30-year mortgage rate rose to 7.03% after the Fed's first hike in three years.
- The central bank cited inflation remaining elevated for its decision.
- The Fed left rates unchanged but raised rate-hike prospects in June under new chair Kevin Warsh.
Still unconfirmed
- Iran proposes a seven-day plan to reopen the Strait of Hormuz, seeking a deal with the United States before the November midterm elections.
What to watch next
- Fed Williams speech on 29 September 2026
- October FOMC meeting
- US employment statistics
confidence 85%Sources used for this update (8)
- www.americancentury.com — Fed Stays Put Under Warsh Amid Elevated Inflation
- www.hngn.com — Mortgage Rates Climb to 7.03% After Fed’s First Hike in Three Years
- spectrumlocalnews.com — Federal Reserve raises interest rate a quarter percentage point, first hike in 3 years
- note.com — [USD/JPY] Waiting for direction in a week of employment statistics | Tug-of-war centered on 158 yen
- admiralmarkets.com — Fed Williams Speech on 29 September 2026: Treasury Yields and October Hike Odds
- admiralmarkets.com — Euro area economic sentiment indicator misses at 97.9 as oil and inflation weigh
- www.briefs.co — RBA lifts cash rate to 4.6% as stubborn demand and energy costs stoke inflation risks
- wheninyourstate.com — Fed hikes key interest rate for the first time in 3 years ...
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Inflation Risks Complicate Central Bank Rates Amid Energy Costs
Central bank policy faces renewed pressure from stubborn energy prices and diesel costs that threaten to seep into core inflation. Apollo economist Torsten Slok warns that record diesel prices pose persistent inflation risks and complicate Federal Reserve decisions. Meanwhile, Bank of England Governor Bailey indicates that high energy costs make interest rate hikes more likely as pass-through risks increase and household bills spike. In geopolitical developments, Iran proposes a seven-day plan to reopen the Strait of Hormuz, seeking a deal with the United States before the November midterm elections.
Why it matters
Global monetary policy remains heavily reactive to fluctuating energy prices and supply chain expenses. Previous Federal Reserve actions included a 25 basis point rate increase implemented by Fed Chair Kevin Warsh. Central banks now weigh whether additional monetary tightening is necessary to curb inflation driven by energy expenses.
What is confirmed
- Apollo economist Torsten Slok warns that record diesel prices could seep into core CPI, creating persistent inflation risks and complicating Federal Reserve policy.
- Bank of England Governor Bailey states that stubborn high energy prices tilt the case toward interest rate hikes due to pass-through risks and spiking household bills.
- Iran proposes a seven-day plan to reopen the Strait of Hormuz as the regime seeks a deal with the U.S. before the November midterm elections.
What to watch next
- Monitor global energy prices and diesel costs for further pass-through effects on core inflation.
- Watch for upcoming monetary policy announcements from the Federal Reserve and Bank of England regarding potential interest rate hikes.
- Track developments on Iran's proposed seven-day plan to reopen the Strait of Hormuz ahead of November midterm elections.
confidence 90%Sources used for this update (3)
- www.cbsnews.com — Iran War Updates: Tehran proposes 7-day plan to reopen Strait of Hormuz as it seeks deal before U.S. midterms
- www.briefs.co — Diesel's Not-So-Quiet Comeback: Why Torsten Slok Says It Could Stick to Core Inflation
- www.briefs.co — Bank of England chief says stubborn energy costs are tilting the case toward rate hikes
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Gold prices rise as oil slump lowers Fed hike expectations
Gold prices increased as falling oil costs reduced the likelihood of additional Federal Reserve interest rate hikes to curb inflation. This follows a 25 basis point increase on September 17, the first rate hike in three years, implemented by Fed Chair Kevin Warsh. While the Dow Jones Industrial Average fell between 631 and 700 points after the initial hike, current market trends suggest a cooling of inflation pressures. Traders are now monitoring global energy prices to gauge if further monetary tightening will occur before the end of the year.
Why it matters
The Federal Reserve uses rate hikes to combat high inflation, a move that often pressures equity markets. Recent geopolitical tension in the Strait of Hormuz and pressure from President Donald Trump for lower rates have added volatility to these monetary decisions.
What is confirmed
- The Federal Reserve raised its benchmark interest rate by 25 basis points on September 17.
- Fed Chair Kevin Warsh implemented the first rate increase in three years to fight high inflation.
- The Dow Jones Industrial Average dropped between 631 and 700 points following the September 17 announcement.
Still unconfirmed
- Gold prices edged higher due to lower oil prices dampening rate hike expectations.
What to watch next
- Further oil price fluctuations
- Additional Federal Reserve rate decisions for 2026
confidence 90%Sources used for this update (2)
- www.afr.com — ASX to fall; traders eye three RBA rate rises
- www.livemint.com — Gold Edges Higher as Lower Oil Prices Damp Chance of Rate Hikes
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Fed Rate Hike Triggers Market Drop Amid Escalating Iran Tensions
The Federal Reserve raised its benchmark interest rate by 25 basis points on September 17, the first increase in three years. Fed Chair Kevin Warsh implemented the hike to fight high inflation and indicated another increase could happen this year. The Dow Jones Industrial Average dropped between 631 and 700 points following the news. This monetary tightening occurred despite President Donald Trump calling for lower rates. Meanwhile, global instability grows as the U.K. navy reports tanker attacks in the Strait of Hormuz and Trump considers actions against Iran's leadership.
Why it matters
The Federal Reserve manages U.S. inflation by adjusting interest rates, which influences borrowing costs and market volatility. This specific hike marks a shift in policy after a three-year pause. Concurrent military tensions in the Strait of Hormuz add geopolitical risk to an already volatile financial environment.
What is confirmed
- The Federal Reserve increased its benchmark interest rate by 25 basis points on September 17.
- This is the first rate hike in three years.
- The Dow Jones Industrial Average fell between 631 and 700 points after the announcement.
Still unconfirmed
- President Donald Trump is deciding whether to annihilate Iran's leadership.
- A U.N. mission found grounds for U.S. war crimes in Iran.
What to watch next
- Any further rate increases before the end of the year
- U.S. military response to tanker attacks in the Strait of Hormuz
confidence 90%Sources used for this update (3)
- www.nbcnews.com — Trump administration live updates: Americans give AI in schools a poor grade
- www.thehindubusinessline.com — Sensex today | Stock Market Highlights: Sensex slips but Nifty gains 75 points by closing as easing crude offers relief
- www.cbsnews.com — Iran War Updates: 2 ships attacked in Strait of Hormuz as Trump says next move could be to "annihilate" regime
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Federal Reserve raises interest rates for first time since 2023
The Federal Reserve increased its benchmark interest rate by 25 basis points on Wednesday, September 17, marking the first hike in three years. Fed Chair Kevin Warsh led the decision to combat stubbornly high inflation, signaling that one additional rate increase may occur before the end of the year. The move defied public demands from President Donald Trump for lower rates. Following the announcement and comments from Warsh, the Dow Jones Industrial Average fell between 631 and 700 points.
Why it matters
The decision reflects a tension between the central bank's inflation mandate and political pressure from the White House. Markets had previously assigned a better than 90% probability to a quarter-point increase. This shift ends a three-year period of steady or falling rates.
What is confirmed
- The Federal Reserve raised its benchmark interest rate by 25 basis points on September 17.
- This is the first interest rate increase since 2023.
- Fed Chair Kevin Warsh signaled one more rate hike may come this year.
- The rate hike occurred despite demands from President Donald Trump for lower rates.
Still unconfirmed
- The Dow Jones Industrial Average fell 700 points after Kevin Warsh stated inflation remains too high.
- The Dow Jones Industrial Average fell 631 points after the rate hike.
- A top economist claims the Fed may be making a serious mistake as consumer pressure mounts.
What to watch next
- White House response to the rate hike
- Official FOMC meeting minutes
- Data on inflation trends affecting the second signaled hike
confidence 95%Sources used for this update (17)
- Yahoo Finance — Fed meeting live updates: Anticipation builds with Fed expected to hike interest rates for first time in 3 years
- AP News — Warsh likely to side with financial markets over Trump as Fed rate hike expected
- The New York Times — Fed Readies for Momentous Rate Decision
- CNN — Trump wants lower rates. His new Fed chairman is poised to raise them
- www.cnbc.com — The Federal Reserve is expected to hike rates for the first time in three years: Live updates
- CNBC — Fed meeting live updates: Rate hike expected for the first time in three years
- nytimes.com — Live Updates: Warsh and Fed Officials Are Expected to Raise Interest Rates Despite Trump's Demands
- Reuters — Live: Fed rate hike expected as inflation worries push up bond yields
- Business Insider — A top economist says pressure is mounting for consumers, and the Fed may be about to make a 'serious' mistake
- Yahoo Finance — Wall Street bets on a rate hike, but the Fed decision could be a close call
- economictimes.indiatimes.com — FED Meeting Live | Dow Jones Futures | US Stock Market Live: US stocks trade higher ahead of much-anticipated Fed rate decision
- www.livemint.com — US Fed Meeting LIVE: Did Kevin Warsh defy Trump? US Fed hikes interest rates by 25 bps, signals one more hike this year
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