The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it balances continued concerns about the health of the global economy with fresh signs that domestic inflation is starting to rear its head. The central bank, which hiked rates in December for the first time in nearly a decade, sounded a cautious note at its last policy meeting in January, amid a selloff on financial markets, weaker oil prices and falling inflation expectations. The Fed's latest policy statement, due to be released at 2 p.m. EDT (1800 GMT) along with updated economic projections, will show how comfortable policymakers are in ... READ MORE
