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The big guessing game on Wall Street is the number of times the Fed will raise interest rates this year.
Kevin Mahn, president and chief investment officer of Hennion & Walsh Asset Management, tells CNBC's "Power Lunch" on Tuesday he expects at least 2 hikes this year.
"I currently believe that there will be 2, potentially 3, additional rate hikes of 25 basis points (i.e. 0.25 percent) in 2016 – leaving the Fed Funds rate in the range of 0.75 percent - 1.00 percent by the end of 2016," Mahn said.
He sees the first rate hike taking place in June, followed by another hike in late summer/early fall.
John Buckingham, chief investment officer of AFAM Capital and editor of The Prudent Speculator, thinks there's a case to be made for no hikes this year.
"While the latest FOMC 'Dot-Plot' released in March suggested that two rate hikes were in the offing over the balance of the year, recent economic data has the market now thinking that there is a 47.4 percent chance of no additional increases," Buckingham said.