Former Fed official s bank set to receive master account approval foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.
The Federal Reserve is set to make an announcement on rates at 2 pm ET. Markets are expecting another pause in the central bank's rate-hiking campaign as the economy continues to absorb the effects of higher borrowing costs.