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Because of the specific wording used in the last Fed meeting, the speculation is that the rates will rise in June at the next meeting. Probably by 1/4%.

HOWEVER, since then more economic numbers have come in that show that the economy is actually getting stagnant and NOT improving as we thought, so it is very likely that the Fed will leave it along in June and see if by Sept. the economy really is stagnating or not.

So it could go either way in June, but I think the odds might be ever so slightly in favor of them remaining where they are till Sept.
 
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