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Short-term Treasury yields inch higher ahead of Fed rate decision

The Federal Reserve will announce its latest decision on whether to adjust interest rates Wednesday afternoon at 2 p.m. ET. Fed members are widely expected to leave the benchmark overnight lending rate unchanged between a range of 2.25 percent and 2.5 percent. Economists anticipate that Fed Chair Jerome Powell will do his best not to roil financial markets and emphasize patience when making policy decisions.