The Fed is expected to announce a quarter-point interest rate hike when it wraps up its June meeting Wednesday afternoon, but that rate hike is widely anticipated and there are a few other things that could stir up markets more. First, the Fed will issue a statement at 2 p.m., along with its latest economic forecasts and its interest rate outlook. Then Fed Chair Jerome Powell briefs the media at 2:30 p.m. Markets will be hanging on any headlines that add to the debate about the course of Fed rate hikes. There is still a clear divide between those Fed watchers who expect another rate hike this year after Wednesday and ... (full story)