Another Fed day is upon us everyone and the interest rate decision today will be in the spotlight once again for traders. The overall prediction is that the Federal Reserve will leave key interest rates at a record low to entice Americans to spend more and help the economic turnaround.
At its last meeting in late September, the Fed opted to stretch out into early next year a key program aimed at forcing down mortgage rates and providing support to the housing market. The central bank isn’t expected to veer from that course today, but hey you never know what could happen on Fed day!
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