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Here comes the Fed…

The Federal Reserve is widely expected to hold interest rates steady on Wednesday and to signal further that it may be a while before another hike.

The market has completely flipped its expectations for the Fed

Expectations for a rate hike this year have fallen below those for a cut, according to Bloomberg data.

The Fed just said it contributed to the stock market’s wild ride in December

Communications from Fed Reserve officials were among a string of factors behind the gloomy mood on Wall Street at the end of 2018.

Wall Street weighs in on the Fed’s rate hike

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point. Here's what Wall Street is saying.
OCTOBER 22: U.S. President Donald Trump addresses the crowd during a rally in support of Sen. Ted Cruz (R-TX) on October 22, 2018 at the Toyota Center in Houston, Texas. Cruz, the incumbent, is seeking Senate re-election in a high-profile race against Democratic challenger Beto O'Rourke.

The Well Fargo strategist quoted in Trump’s latest tweet about the Fed initially thought someone was pulling a prank on him

In his latest move apparently taking aim at the Federal Reserve, President Donald Trump turned to a Wells Fargo strategist.
Bank of Canada Governor Stephen Poloz speaks during a news conference in Ottawa, Ontario, Canada, October 19, 2016.

Here comes the Bank of Canada…

The Bank of Canada is widely expected to raise short-term borrowing costs Wednesday and leave the door open to further tightening.

Argentina’s currency tumbles more than 5% after the head of its central bank unexpectedly quits

The head of Argentina's central bank unexpectedly resigned Tuesday after three months on the job, delivering a blow to the worst-performing currency of 2018.

The Turkish lira plunges after report says central bank deputy governor will resign

Turkey's currency plunged on Thursday following reports that the deputy governor of its central bank would resign.
Yi Gang

China’s currency hits its lowest level in more than a year

China's currency fell Wednesday to its lowest level against the dollar in more than a year amid a dollar rally and an escalating trade fight with the US.

The Argentine peso is soaring amid an unusual central bank shake-up

The Argintine peso is climbing against the dollar after a switchup in leadership at its central bank, which hasn't been able to prop up the country's flailing currency despite landing the biggest International Monetary Fund bailout in history.