The Federal Reserve is expected to keep interest rates at a 23-year high for the seventh consecutive meeting on Wednesday and signal that it will cut rates this year fewer times than previously thought. Investors and other market observers will be paying close attention to Fed officials’ latest economic forecasts — known as the “dot plot.” Economists are widely expecting officials to pencil in one or two rate cuts this year, instead of the three they forecast in March. Their projections for inflation will also be an important clue for the timing of the first rate cut. Inflation’s slowdown stalled in the first three ... (full story)