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Federal Reserve Hikes Interest Rates For 2nd Time This Year05:46Download

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The Federal Reserve on Wednesday announced plans to raise short-term interest rates, the fourth rate hike in two years. It also laid out plans to draw down its balance of $4.5 trillion in bonds.

Here & Now's Meghna Chakrabarti speaks with Diane Swonk (@DianeSwonk) of DS Economics about the significance of the moves.

This segment aired on June 15, 2017.

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