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US STOCKS-Futures flat ahead of ECB decision


* Futures: Dow 7 pts, S&P up 1.25 pts, Nasdaq down 4.5 pts June 14 (Reuters) - U.S. stock index futures were flat on Thursday after the Federal Reserve projected a slightly faster pace of interest rate hikes, with focus also on the European Central Bank, which is expected to wind down its 2.55 trillion euro stimulus program. The Fed raised its benchmark interest rates by 25 basis points for the second time this year on Wednesday and hinted at two more hikes by the end of 2018. Traders are pricing in a 50 percent chance that the Fed will raise rates for a fourth time this year in December, according to the CME group's Fedwatch tool. The S&P 500 ended 0.4 percent lower on Wednesday as investors