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Fed to Leave Rate Unchanged

Fed to Leave Rate UnchangedFed to Leave Rate Unchanged

With voters set to choose a new president and Congress in six days, the Federal Reserve will likely keep a low profile when it ends a meeting Wednesday to try to ensure it doesn’t become part of the debate at the close of a tumultuous political campaign, Fox Business reported. The Fed is expected to end the meeting with a policy statement that leaves interest rates unchanged. It’s possible that the statement will include a signal that a rate hike is likely at the Fed’s next meeting in mid-December as many expect.

 

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