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Powell Final Fed Meeting
Description
Federal Reserve policymakers meet this week in what may be Jerome Powell's final meeting as chair. The Fed is expected to hold rates at 3.50%–3.75% amid elevated energy prices and Iran war uncertainty. The DOJ dropped its probe into Fed renovations, removing a key obstacle to confirming successor Kevin Warsh. Policymakers will debate whether to signal potential rate hikes if inflation accelerates as oil prices rise.
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