Fed Expected To Raise Rates Despite Trump Attacks
Federal Reserve officials have signaled they're ready to raise the benchmark borrowing rate to a range from 2.25 percent to 2.50 percent, a move that would put them at the highest level in a decade.
Despite pressure from President Trump and members of his administration, the Federal Reserve is expected to raise interest rates for the fourth time this year on Wednesday.
Fed officials have signaled they're ready to raise their key borrowing rate to the highest level in a decade — to a range of 2.25 percent to 2.50 percent.
