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Fed Dot Plot Seen Shifting to 2023 Rate Liftoff, Economists Say

  • Jackson Hole in August could be an early signal of tapering
  • FOMC may raise economic and inflation forecasts this week
Bloomberg business news
Fed Will Not Mention Tapering, Says Mizuho Bank’s Varathan

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Federal Reserve officials this week could project interest-rate liftoff in 2023 amid faster economic growth and inflation, but they won’t signal scaling back bond purchases until August or September, according to economists surveyed by Bloomberg.