Expect the Fed to Favor a September Rate Hike

Signaling a slow and shallow cycle of increases.

Watching and waiting.

Photographer: Mladen Antonov/AFP/Getty Images

The Federal Reserve's Open Market Committee meeting this week will be particularly notable if central bank officials signal Wednesday that they are inclined to embark on a new interest rate cycle in September, raising floored policy rates for the first time since 2006.

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