With Economic View Hazy, a Wait-and-See Fed Message Expected

Associated Press, June 13, 2016

A wait-and-see tone is expected when the Federal Reserve issues a statement on Wednesday. The Fed will likely echo the message the Fed Chair Yellen sent in a speech last week: while the U.S. economy looks fundamentally solid and higher rates will come eventually, too many uncertainties exist to say when the Fed might raise rates again.

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