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US Federal Reserve expected to raise rates

 
The U.S. Federal Reserve is holding its eighth and final rate-setting meeting of the year in New York.
 
Investors are keeping a close eye on the two-day meeting,... where the Fed is widely expected to lift interest rates for the second time since the global financial crisis.
 
Many project the Fed will hike rates by 25 basis points to zero-point-five to zero-point-seven-five percent.
 
Eyes are also focused on the Fed's economic forecasts for signs of its thinking on how Donald Trump's election win has affected the outlook for jobs, growth and inflation.
 
In its statement,... analysts expect the Fed to put some emphasis on the path of hikes and on how many rate increases are to be expected next year.
 
fed expected to raise rates tonight
 

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