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7th Dec 2016 16:25U.S., Economic Monitor

We're hearing a good deal of speculation about the dotplot after next week's FOMC meeting, with investors wondering whether the median dot will rise in anticipation of the increased inflation threat posed by substantial fiscal loosening under the new administration. We suspect not, though for the record we think that higher rate forecasts could easily be justified simply by the tightening of the labor market even before any stimulus is implemented.

fed fiscal policy jobless claims thanksgiving fomc congress jolts nfib ism ism non-manufacturing payroll payroll growth

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Keywords for: 8 December. 2016 Will the Fed Move up the Dotplot in Anticipation of Fiscal Easing?

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