Countdown to Fed Decision

0

All eyes are on the Federal Reserve, which later today will decide raise a key interest rate for the first time since the recession. Wall Street analysts and some high-profile investors doubt the long-awaited rate hike will come today, the Wall Street Journal reports. Many say it would not be wise to raise rates now given the volatile financial markets. The announcement is expected at 11 a.m. Pacific time.

No posts to display