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Ahead of expected interest rate increase, White House braces for Federal Reserve’s next move

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Ahead of expected interest rate increase, White House braces for Federal Reserve’s next move – CBS News


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The Federal Reserve is expected to raise interest rates Wednesday for the seventh time this year. But experts believe the anticipated hike will be slightly lower than the last several increases. CBS News senior White House and political correspondent Ed O’Keefe discussed what the Fed’s next move means for the White House.

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