WASHINGTON— President Donald Trump on Dec. 18 called again on the Federal Reserve to refrain from hiking interest rates ahead of the central bank’s two-day policy meeting. Trump urged the Fed to “feel the market” before making its decision.
The Fed is broadly expected to raise its benchmark interest rate after the conclusion of its meeting on Dec. 19. If it raises the rates, it would be the fourth rate hike of 2018 and the ninth one since the central bank started inching rates up from nearly zero percent three years ago.
