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Yellen to deliver final Fed news conference

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Outgoing Federal Reserve Chair Janet Yellen is scheduled to host her final news conference this afternoon.

The Fed also will vote on whether to increase the benchmark interest rate into a range between 1.25 percent and 1.5 percent.

The monetary policy statement and a set of economic forecasts starts at 2 p.m., according to The New York Times.

Read more from The New York Times.

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