Fomc meeting

* FOMC rate decision: 2:00 PM ET
* Powell/Chair press conference: 2:30 PM ET
* Pakistan time: approximately 11:00 PM and 11:30 PM respectively.

What the market expects

Current market pricing is strongly centered on a 25-basis-point (0.25%) rate hike, which would put the federal-funds target range at 3.75%–4.00%
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