Federal Reserve Could Reveal One Key Takeaway for Investors Within Hours
Brace yourself.
The Federal Reserve is not expected to announce a rate hike following its July policy meeting on Wednesday.
But expect language in the Fed's statement to indicate that the central bank is looking to raise interest rates one more time this year, as investors have been increasingly expecting no additional hikes for 2017.
That's the assessment from Matt Diczok, head of fixed income strategy at Merrill Lynch and U.S. Trust.
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