Fed Chair Janet Yellen will try not to rock already shaky markets Wednesday, but she is expected to continue to say the Fed hopes to hike interest rates.
Fed watchers say the weak May jobs report, with just 38,000 payrolls, ended all chances the Fed would hike rates at its meeting this week, even though it had signaled a hike was possible this summer ahead of the June 3 report. Now market uncertainty over the U.K. Brexit vote gave it yet another reason to pause.
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