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23rd Sep 2021 00:20U.S., Economic Monitor

  • The FOMC is on course to taper in November, provid- ed markets aren't in turmoil over the debt ceiling.
  • The Fed's new economic forecasts are much more realistic, but FOMC opinions are spread widely.
  • Chair Powell remains confident that inflation will be contained; upward forecast revisions are no big deal.

asset asset purchases chair powell committee core core pce debt debt ceiling employment employment data fed fomc forecast forecasts growth household inflation it job openings labor markets members payroll payroll numbers payrolls pce policymakers powell private payrolls rate hike report services survey survey data unemployment

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