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Posted by
Two Blokes Jun 17 -
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General
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#TwoBlokesTrading
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Beyond any potential fireworks from Powell amid the Trump barrage directed at him, the most critical update from this week's Fed conclave will be the release of its quarterly summary of economic projections, or dot plot. That will reveal where Fed staff expect several key economic data points to head in the near future, notably indicating the median expectation for rate cuts from the policymakers who vote on conducting them.