Economists Bet Against Interest Rate Hike By The Federal Reserve

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Federal Reserve Board Chairwoman Janet Yellen speaks during a news conference Dec. 17, 2014 at the headquarters of Federal Reserve Board of Governors in Washington, D.C. (Alex Wong/Getty Images)

The Federal Reserve will announce at 2 p.m. ET on Wednesday whether it plans to resume raising interest rates in September.

Most economists are betting that Fed Chair Janet Yellen will wait until the end of the year.

Here & Now’s Jeremy Hobson speaks with economist Diane Swonk about the Fed’s upcoming decision.

Note: We updated this story at 2 p.m. ET. You can listen here.


Diane Swonk, DS Economics. She tweets @DianeSwonk.

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