Fed Expected to Hold Rates Steady
The Federal Reserve is expected to keep its benchmark rate steady at 4.25%-4.50% today, with no further changes to its balance-sheet policy. Instead, traders will be scrutinizing comments by Fed Chair Jerome Powell for insight into officials' interpretation of recent data and whether President Donald Trump's economic policies are prompting any change in view on when to ease policy. Bloomberg's Michael McKee reports on what to expect.
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