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Fed decision and shutdown deadline this week in DC

This Tuesday and Wednesday the Fed’s Federal Open Markets Committee (FOMC) meets to determine interest rate policy.  Chair Powell and most of the “Fed speak” has indicated that there will be no changes in rates at the March meeting.

At the end of the meeting at 2:00pm on Wednesday the Board releases an official statement which gives the rate policy of the Committee.  At 2:30 Chair Powell conducts his always important press conference.  What makes the Chair’s presser so inte...

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