Global stocks advance ahead of Fed's interest rate decision - Traverse City Record-Eagle

HONG KONG (AP) — Global shares were higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve’s decision on interest rates, with high expectations of a hike . The potential hike will be the first in three years as inflation remains elevated in the United States and above the Fed’s target. Meanwhile, U.S. futures edged higher. Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.