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Charles Evans

With Fed rate hike expected, 5 things to look for Wednesday

A rate increase is finally coming.

That, at least, is the overwhelming expectation for the Federal Reserve on Wednesday. It would be the first rate hike in nine years. And it would raise the Fed's key rate from a record low near zero, where it's been for seven years.

Yet that won't be the only news from the Fed. And it might not even be the most important. With a rate hike considered a near certainty, investors are more focused on a separate question:

How much and how fast will the Fed likely raise rates further in coming months?

The answer to that may come from the triple-dose of news the central bank will issue Wednesday — a policy statement, economic...