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What to Watch From the Fed Meeting
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The Federal Reserve faces on Wednesday one of its thorniest policy decisions in years: whether to lift interest rates again to fight high inflation or hold them steady amid the most intense banking crisis since 2008.
The central bank will announce its decision at 2 p.m. Eastern time in a statement. Officials are also scheduled to release new interest-rate and economic projections. Fed Chair Jerome Powell is set to answer questions from reporters at 2:30 p.m. ET.
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