The Latest: Fed sees 3 rate hikes in 2019, up from 2

WASHINGTON — The Latest on the Federal Reserve's monetary policy meeting (all times local):

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2:05

Fed policymakers expect to raise their benchmark interest rate three times in 2019. That's up from an earlier forecast of two, amid expectations of faster economic growth that they forecast will push the unemployment rate to its lowest level in a half-century. Contrary to many analysts' expectations, they did not change their forecast of three rate hikes this year.

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