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The Independent UK
The Independent UK
National
Via AP news wire

Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update

The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week.

The central bank will close out its two-day meeting on Wednesday and could raise its benchmark interest rate in an effort to tame stubbornly high inflation.

Wall Street will also get an update Wednesday on U.S. retail sales for August. That could provide more insight into how and where people are spending money amid higher inflation and slower wage growth.

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