Fed is expected to hike interest rates Wednesday, but inflation is the wild card for markets

[McFurd]

CNBC - 6/13/2017 - Patti Domm - The Federal Reserve is expected to raise interest rates by a quarter point Wednesday, but it will have to answer questions about how it can hike in a period of weakening inflation. CPI inflation data is released at 8:30 a.m. ET, and it could show inflation remains at a depressed level. Weak inflation has created doubts in the market that the Fed can hike two more times this year. Read more @ http://www.cnbc.com/2017/06/13/fed-is-e ... rkets.html