Photo Credit: Nati Shohat / Flash 90

The Federal Reserve is expected to again raise the interest rate this Wednesday, although this time only by a quarter of a percentage point.

If so, the increase will bring the policy rate to a range of 4.5 to 4.75 percent.


The move marks a slowdown from the half-point hike that was announced last month.

In November, the Fed raised rates by 0.75 percent, as it did each time in the three prior months.

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Hana Levi Julian is a Middle East news analyst with a degree in Mass Communication and Journalism from Southern Connecticut State University. A past columnist with The Jewish Press and senior editor at Arutz 7, Ms. Julian has written for, and other media outlets, in addition to her years working in broadcast journalism.