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Powell's Fed likely to raise rates, may upgrade 2018 outlook

The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government spending that could further stoke a robust U.S. economy.

Caution the watchword as Fed ponders rate pace

A hush settled over financial markets on Wednesday as investors counted down to a likely hike in U.S. interest rates and guidance on how many more to expect this year, while trade war fears kept export nations' currencies on edge.

Sixth Texas parcel bomb leaves U.S. investigators baffled

A parcel packed with nails and shrapnel blew up on Tuesday at a FedEx Corp center near San Antonio, Texas, injuring a worker, before a second booby-trapped package was intercepted in Austin - the latest in a chain of bombings that have killed two people.


Despite warning signs, Trump says Republicans can keep House

WASHINGTON Despite signs that Democrats are in a strong position, U.S. President Donald Trump vowed on Tuesday to beat expectations and keep the House of Representatives in Republican control in the mid-term elections in November. | Video