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- US stocks rose slightly as traders brace for the Fed's next rate move.
- Markets are pricing in 87% odds the US central bank will hike by 25 basis points.
- This will mark the 10th increase in borrowing costs since March of 2022.
US stocks edged higher on Wednesday as investors await the Federal Reserve's next big policy decision.
All eyes will be on Fed Chair Jerome Powell's news conference this afternoon for signals about future rate moves.