Fed set for another big rate hike, may tamp down future tightening
Source: Reuters
Fed to release policy statement at 2 p.m. EDT (1800 GMT)Traders expect federal funds rate to rise 75 basis pointsFed chief Powell to hold news conferenceWASHINGTON, Nov 2 (Reuters) - The Federal Reserve is expected to raise interest rates by three-quarters of a percentage point for the fourth straight time on Wednesday, but open the door to a future slowdown in its policy tightening as it balances the risk of…