Federal Reserve interest rate announcement: 3 things to watch out for on Wednesday

Sending signals loud and clear, the Federal Reserve has left little doubt that it will raise interest rates Wednesday for the third time since December 2015 to reflect a consistently solid US economy. 

The rate increase will likely go down as one of the most telegraphed ever, given that several Fed officials, including Chair Janet Yellen, each let it be known over the past two weeks that they felt it was time to raise the Fed’s benchmark short-term rate. 

Their string of likeminded comments surprised many investors, who had assumed that the Fed would wait until probably June before raising rates

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