Fed preview: Warsh is the noise, the Board is the signal
The FOMC is widely expected to keep the federal funds rate unchanged at 3.50-3.75% and remove the easing bias from the statement in an unanimous decision. At this meeting we will also get the Summary of Economic projections (SEP) where near-term inflation is expected to be revise
Desk synthesis pending
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In the meantime, the most useful reads are the related coverage and primary source below — both reach the same substance from different angles.
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