Here’s everything the Federal Reserve is expected to do Wednesday

Call it a sign of the times where a half percentage point interest rate increase from the Federal Reserve is considered looser monetary policy.

Prior to this year, the Fed hadn’t boosted benchmark borrowing rates by more than a quarter-point at a time in 22 years. In 2022, they’ve done it five times — four times for three-quarters of a point and once for a half percentage point — with Wednesday’s widely anticipated 0.5 percentage point…