Fed meeting live updates: Fed interest rate decision looms, with traders anticipating first hike in 3 years
β’ The Federal Reserve began its September policy meeting on Tuesday to decide whether to raise interest rates on Wednesday. β’ Investors estimate a 93% probability that the central bank will increase rates by 25 basis points to a new range of 3.75%-4%. β’ A rate hike would be the first in over three years and responds to solid economic growth and inflation that has not yet returned to the 2% goal.
finance.yahoo.com