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PBS News Hour

How long will the Fed have to "fiddle" with interest rates?

Money manager turned country crooner Merle Hazard has made a name for himself singing about fiscal policy. His latest tune considers whether the Federal Reserve will raise interest rates -- and according to one of the world’s leading investment experts, it’s brilliant, especially since the nation’s economic future hinges on the central bank’s decision. Economics correspondent Paul Solman reports.

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