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Fed will be forced to raise rates more rapidly than expected because of accelerating economy

The Fed may be forced to raise rates more rapidly than the market is anticipating due to accelerating economic conditions.

Economists, fund managers and strategists now see the funds rate ending 2018 at 2.24 percent, up about a quarter point from the prior survey.

Respondents continue to be unenthused about the outlook for stocks, seeing just 3 percent upside for the S&P.

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