Business & Economy · 1 views
The Federal Reserve is expected to hike rates for the first time in three years: Live updates
This is CNBC's live blog covering the Federal Reserve's rate decision and Chairman Kevin Warsh's news conference.
Summary
This is CNBC's live blog covering the Federal Reserve's rate decision and Chairman Kevin Warsh's news conference. While it may have taken a while, Wall Street finally has warmed to the idea that the Federal Reserve likely will raise its benchmark interest rate as it seeks to slay a maddeningly persistent inflation problem.
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