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Fed Seen Signaling Taper as Powell Plays Down Liftoff Countdown

  • Fresh dot plot to spur debate over timing of first rate hike
  • Fed chair under scrutiny as Biden weighs keeping him at helm
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Minerd Says 'Divided' Fed Will Compromise on Taper

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Federal Reserve Chair Jerome Powell will this week face the challenge of convincing investors that plans to scale back asset purchases aren’t a runway to raising interest rates for the first time since 2018.