Here’s everything the Federal Reserve is expected to do Wednesday

From cnbc.com

Call it a sign of the times where a half percentage point interest rate increase from the Federal Reserve is considered looser monetary policy. Prior to this year, the Fed hadn’t boosted benchmark borrowing rates by more than a quarter-point at a time in 22 years. In 2022, they’ve done it four times — three-quarters of a point each — with Wednesday’s widely anticipated 0.5 percentage point move to be the fifth. A pitched battle against inflation has turned policy norms on their head. Investors have now become conditioned to an aggressive central bank, so any step down from the recent jumbo moves will be ... (full story)