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Tuesday, October 24, 2017
Federal Open Markets Committee
A man walks past the Federal Reserve Bank in Washington, D.C., U.S. December 16, 2015. REUTERS/Kevin Lamarque/File Photo

Wednesday Is Decision Day On Fed Rate Hike

The current federal funds rate — the interest rate banks charge each other — currently is at 0.5 percent. The rate was as high as 20 percent in the 1980s to combat inflation.

September 20, 2016