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Fed to hold rate policy meeting as planned despite weather

Reuters

WASHINGTON (Reuters) - The U.S. Federal Reserve will hold an interest rate policy meeting as planned on Tuesday and Wednesday, the central bank said in a statement that might dispel any doubts over whether policymakers would brave a snowstorm hitting Washington on Tuesday morning.

The Fed is expected to raise rates at the meeting's conclusion on Wednesday.

(Reporting by Jason Lange)

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