Pathways
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Pathways
Will the Fed pivot? The January 31 meeting is a big one
Daniel McCormack and Chief Economist David Doyle discuss the Jan 31 - Feb 1 2023 meeting of the Fed's Open Market Committee and its likely path on interest rates in future months, in light of inflation and the outlook for growth. What level of rates represents "neutral" for the Fed? Is there a structural deflation issue at hand? What is the outlook for capital expenditures? And will US consumers, which have shown ongoing resilience of late, crack at some point?
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