Dudley, in clear signal, expects Fed rate hike this year

By Jonathan Spicer NEW YORK (Reuters) - The Federal Reserve will likely raise interest rates later this year if the U.S. economy remains on track, one of the most influential Fed officials said on Wednesday in perhaps the clearest policy signal yet from the central bank. "If the economy stays on its current trajectory I think ... we'll see an interest rate hike later this year," New York Fed President William Dudley told a modest dinner gathering at the Lotos Club, downplaying any market-related