• The Federal Reserve is expected to raise interest rates by a quarter point Wednesday, but it will have to answer questions about how it can hike in a period of weakening inflation. • CPI inflation data is released at 8:30 a.m. ET, and it could show inflation remains at a depressed level. • Weak inflation has created doubts in the market that the Fed can hike two more times this year. Sluggish inflation has made the Federal Reserve's efforts to get interest rates back to normal levels a lot harder. The Fed is expected to raise interest rates Wednesday by a quarter point, and it has forecast another rate hike for ... (full story)