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The Fed will announce this afternoon whether it will lower interest rates as President Donald Trump wants or keep rates the same as investors expect.

Bernanke has Powell’s ear

It’s Fed day.

The U.S. central bank will announce this afternoon whether it will lower interest rates as President Donald Trump wants or keep rates the same as investors expect it to do.

The spotlight will be on Federal Reserve Chair Jerome Powell as he once again tries to navigate the complicated world Trump has created for him.

Next week, one of Powell’s predecessors will have a chance to make some waves, albeit on a much smaller stage.

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