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Federal Reserve looking to raise interest rates for the second time this year

(WJBF) - - The Federal Reserve may be raising interest rates for the second time this year Wednesday. 
This decision comes after a two-day policy meeting. 
Policymakers hinted that they would raise rates if the economy kept performing as expected, last month. 
The Federal Reserve is expected to bump up the federal funds rate by a quarter of a percentage point. 
While the rate hike seems likely policy, makers are divided on whether to raise rates a total of three times this year or four.
 


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