Federal Reserve meeting on interest rates: Here's what to expect | Fox Business

Federal Reserve meeting on interest rates: Here's what to expect | Fox Business

ALL EYES ON THE FED: Federal Reserve policymakers at the central bank will conclude a two-day meeting Wednesday, during which they’re widely expected to raise the benchmark federal funds rate for the fourth time this year, despite opposition from President Trump ... About 80 percent of Wall Street traders expect to see a raise – and it likely won’t be the last, heading into next year, according to Steve Rick, chief economist at CUNA Mutual Group. “The Fed continues to see the economy is overheating, as we’re operating above normal levels right now – so we’ll continue to see rate hikes in 2019 because the economy is overheating at this point,” Rick said. - Reported by Megan Henney

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