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I’m Chris Anstey, an economics editor in Boston. Today we’re looking at decision day for the Fed. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Federal Reserve officials term it a “live meeting” when some policy move may actually be taken at the gathering — not just a review of the economic and financial landscape that ends with standing pat on rates.