Fed's Historic Liftoff and Everything After: Decision Day Guide
- First interest rate increase since 2006 expected Wednesday
- Fed watchers focused on pace hints in statement, Yellen Q&A
Is This the Right Time for Fed to Raise Rates?
This article is for subscribers only.
Here’s what to look for when the Federal Open Market Committee releases its policy statement at 2 p.m. Wednesday following a two-day meeting in Washington.
Economists and traders expect the first interest rate increase since 2006, marking the beginning of the end for the unprecedented era of easy monetary policy. The move would come at a time when a commodity slump is causing the market for high-yield bonds to gyrate, sending tremors through financial conditions indexes and spreading unease across trading desks.