Decision-Day Guide: Fed readies largest rate hikes since Volcker

2513 Imported from a malfunctioning feed
edited July 27 in Business and Finance
imageThe Federal Open Market Committee is expected to raise rates by 75 basis points for a second straight meeting -- the most aggressive tightening since the 1980s. The decision will be announced at 2 p.m. in Washington. No quarterly forecasts will be released and Powell will hold a press conference 30 minutes later.
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