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Fed Is Likely to Leave Rates Alone, and Markets Wonder What’s Next

December 11, 2019

WASHINGTON — The Federal Reserve is expected to leave interest rates unchanged at its final meeting of the year on Wednesday as officials wait to see how the economy fares after they cut rate three times in 2019.

The Fed chair, Jerome H. Powell, and his colleagues made an aggressive shift this year. After slowly raising rates between late 2015 and 2018 to keep an expanding economy operating at an even keel, they lowered them between July and October as President Trump’s trade war roiled business confidence and global growth slowed.

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