March Flashlight for the FOMC Blackout Period: On Hold Through the Policy Fog

Summary A moderation in economic activity since the FOMC last met in January is unlikely to shift the Committee out of wait-and-see mode at its upcoming meeting on March 19. We look for the Committee to maintain its target for the fed funds rate at its current range of 4.25%-4.50%. Concerns over the growth outlook […]

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