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Powell Steers for Economic Soft Landing Thwarted Twice by Trump

  • President’s trade policies a wild card in economic outlook
  • Fed widely expected to keep rates unchanged this week
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El-Erian Says He Doesn't Think Fed Will Raise Rates in 2020

Maybe the third time Jerome Powell will get lucky.

The Federal Reserve chairman looked close to pulling off a soft landing of the ebbing U.S. economy twice this year -- at the start of May and the end of July.