Fed begins final day of meeting on crucial rate decision
Federal Reserve
Washington - Arab Today
The Federal Reserve opened the final day of deliberations Thursday on a crucial interest rate increase that has left global markets and economic policy makers on edge for weeks.
After locking its benchmark interest rate at zero percent for nearly seven years, the Fed must decide whether the US and global economies are strong enough to weather a modest hike. A decision is expected at 1800 GMT.
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