"Wall Street on Edge: Anticipation Builds for Crucial Fed Interest Rate Announcement"

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Source: CNN
"Wall Street on Edge: Anticipation Builds for Crucial Fed Interest Rate Announcement"
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TL;DR Summary

The Federal Reserve is expected to announce a pause in its rate-hiking campaign as it waits for more data on the impact of previous rate hikes on the US economy. The Fed's decision comes as the US national debt surpasses $33 trillion and a government shutdown looms, which could further strain the economy. Rising oil prices and the ongoing United Auto Workers strike also pose challenges for the Federal Reserve.

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