The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely for any clues on the timing of the first rate cut in four years. A move next week is off the table because Fed officials have stressed the need to be patient as the decline in inflation has shown a lack of progress over the first quarter of the year, said Ian Pollick, head of fixed income strategy at CIBC Capital Markets. Economists generally agree that the strong May job report, released on Friday, seemed to shut the door on any rate cut in ... (full story)