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Five things to watch in the pivotal Fed meeting

Greg Robb
Five things to watch in the pivotal Fed meeting

At its last policy meeting in early May, the Federal Reserve said it was going to be patient for some time before changing interest rates. Economists expect the Fed to try to back away gracefully from that stance with a new pledge to cut interest rates, if warranted. Here is what to watch when the Fed announces its decision at 2 p.m. Eastern on Wednesday.