The Fed Will Be Hawkish. The S&P 500 May Prefer It (Live Coverage)

The focus going into the Federal Reserve policy update and new economic projections at 2 p.m. ET is whether the U.S. central bank will not only hike its key interest rate but back it up with projections of more tightening to come in 2026. The answer: Of course policymakers will, and the S&P 500 may be more likely to rally…