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Wall Street rises ahead of Fed rate decision

Updated : December 19, 2018 08:55 PM IST

The Fed is expected to raise rates for the fourth time this year when its two-day policy meeting ends at 2 p.m. ET, but the focus will be on whether it will still hint at three increases next year as it did in September.
The latest Reuters poll showed economists expect two rate hikes, with the probability of a US recession in the next two years jumping to 40 percent.
Wall Street rises ahead of Fed rate decision

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