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Fed signals it will raise rates one more time this year before it ends hiking campaign

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The Federal Reserve stayed put on Wednesday, but forecast it will raise interest rates one more time this year.

The Federal Reserve stayed put on Wednesday, but forecast it will raise interest rates one more time this year, according to the central bank's projections released on Wednesday.

The central bank also posted its Summary of Economic Projections that include its GDP and inflation expectations.Get Southern California news, weather forecasts and entertainment stories to your inbox.

 

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