On the heels of a 10-meeting streak of raising interest rates, the Federal Reserve on Wednesday is expected to take a break and let the U.S. economy catch its breath. Markets are pricing in a high probability that central bank policymakers will “skip” — an expression they generally prefer to “pause” — at this month’s meeting as they digest the impact of 5 percentage points worth of increases going back to March 2022. That doesn’t mean this will be the end of the hikes. It just means that with the pace of inflation waning, officials could feel this is a good time to evaluate. “They’ve kind of set things up for a ... (full story)