Plus: Norway's $1.2 trillion investment fund sets 2050 climate target.
| | | Sept. 20, 2022, 4:06 p.m. Eastern time |
Good afternoon. The Federal Reserve is widely expected to raise interest rates three-quarters of a percentage point on Wednesday. |
Some investors even think there is a small chance of a full percentage-point move, but Wall Street is focusing more on what comes next: Officials are going to release updated economic forecasts for the first time since June that are expected to show a more forceful path ahead than previously anticipated. |
Follow our live coverage of the Fed's two-day meeting tomorrow. |
Here's what is happening today |
| Sarahbeth Maney for The New York Times | |
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