Onto the Fed

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Wednesday’s Federal Reserve announcement on interest rates (2 pm New York, 7 pm London, 11 pm Dubai) is widely expected to produce a 25-bp rate hike in the Fed funds rate range to 1.25-1.50%. Traders will look out for these two crucial aspects in the announcement: The number of rate hikes projected for 2018 The number of interest rate hikes signalled for 2018 by the FOMC members’ Summary o...

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