The Federal Reserve is prepared to raise short-term interest rates by a quarter percentage point after its two-day policy meeting concludes Wednesday, the eighth such move since late 2015. Officials will also present revised projections of future rate moves along with their outlook for inflation, employment and growth. The central bank releases its policy statement and the forecasts—the so-called dot plot—at 2 p.m. EDT. Fed Chairman Jerome Powell takes media questions at 2:30 p.m. Here is a look at what to watch:...

Source: Wall Street Journal September 26, 2018 09:00 UTC