Farmers Worry Bailout Won’t Be Enough - ABI

The Fed is expected to raise interest rates by a quarter point today and indicate that it plans to keep hiking them in what many expect to be a hawkish message for markets, reported. Wall Street economists expect the Fed to make a number of changes that reinforces a hawkish tone, including raising its growth forecasts, sounding more confident about the outlook and dropping language that says its policy is accommodative. The Fed releases its statement and revised economic and interest rate forecasts at 2 p.m. EDT today, and Fed Chairman Jerome Powell holds a briefing at 2:30 p.m.

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