Fed is likely to delay 1st rate hike in 9 years a bit longer

AZ Central: WASHINGTON (AP) -- The Federal Reserve is moving toward raising interest rates from record lows - just not likely yet.

On Wednesday, when it ends its latest policy meeting, Fed officials will issue a statement that will be parsed for clues to just when the first rate increase since 2006 might occur. The meeting will end with a policy statement but no news conference by Chair Janet Yellen.

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