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US Central Bank Expected to Raise Interest Rates Slightly

Top officials of the U.S. central bank are expected to raise the key interest rate slightly Wednesday at the end of two days of private meetings and debate. Economists surveyed by news organizations say the rate will probably go up one quarter of a percentage point, to a range between 1.5 and 1.75 percent.That is still fairly low compared to the average rate during the past few decades. The Federal Reserve tries to manage the economy to maximize employment and keep prices...

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