The Federal Reserve is set to announce its latest interest rate policy Wednesday, a decision that is a much more in doubt than it was barely a month ago due to the smouldering crisis in the U.S. banking system.
Most economists who watch the U.S. central bank expect it to raise its trendsetting interest rate by another quarter of a percentage point, as part of its ongoing campaign to wrestle inflation into submission.
That would bring the U.S. interest rate to almost five per cent, its highest level in 16 years.
But the events in the financial sector during the past few weeks make that prediction much less
