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The Fed meets with uncertainty permeating the air. Here’s what to expect
The Federal Reserve heads into its closely watched policy decision Wednesday with a strong incentive to do absolutely nothing. Faced with unresolved questions over President Donald Trump’s tariffs and an economy that is signaling both significant strengths and weaknesses, central bank policymakers can do little for now except sit and wait as events unfold. “It’s going to be awkward at this meeting. The Fed doesn’t have a forecast to convey anything about the next couple meetings,” said Vincent Reinhart, a former long-time Fed official and now chief economist at BNY Investments. “The Fed’s got to wait ... (full story)
