Federal Reserve policymakers were widely expected to agree on a quarter-point increase in interest rates on Wednesday 2 February. The Federal Open Market Committee was expected to issue a statement at the conclusion of the session at about 2015GMT.
Analysts have been virtually unanimous, based on economic data and comments from FOMC members, in predicting a quarter-point increase in the federal funds rate to 2.50%.
Economists say Fed Chairman Alan Greenspan and his colleagues are trying to nor
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