A security guard walks in front of an image of the Federal Reserve following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, March 16, 2016. REUTERS/KEVIN LAMARQUE
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The Federal Reserve's debate over whether to raise U.S. interest rates in June may be decided in the coming week, as investors look for any cracks in China and evidence of a solid start to the second quarter in the United States.Economic activity increased in the first quarter because of record bank lending.Fed policymakers acknowledged last month there were risks to the U.S. economy and suggested two more rate increases were in store this year.Britain's central bank will probably lower its growth projections but hold inflation forecasts steady in the quarterly report, according to a majority of economists polled late last month.The region's economy grew at its fastest pace in five years in the first quarter, 0.6 percent, driven by unlikely stars such as France and Spain.
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