Federal Reserve expected to raise rates for first time in over three years

  • Federal Reserve is widely expected to raise interest rates.
  • Stock futures point to modest gains as bond yields stabilize.
  • President Trump is unlikely to welcome the expected rate increase.

The Federal Reserve (U.S. central bank) is widely expected to raise interest rates for the first time in more than three years. The move is unlikely to please President Trump, but investors appear to have absorbed the prospect after several choppy trading days. Stock futures indicate modest gains, while bond yields have stabilized following their recent surge. Live markets data and coverage will track developments.

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