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In this Dec. 16, 2015, file photo, Federal Reserve Chair Janet Yellen's Washington news conference is shown on a television screen on the floor of the New York Stock Exchange.  (AP Photo/Richard Drew, File)
In this Dec. 16, 2015, file photo, Federal Reserve Chair Janet Yellen's Washington news conference is shown on a television screen on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

Modest interest rates expected through 2016

International markets could affect rates

The first interest rate increase by the Federal Reserve in nearly a decade has served as an indicator that the economy was improving. Going into 2016, Maryland banking and finance experts say future rate increases will be modest.

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