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Published on Wednesday, February 28, 2018 | Updated on Thursday, March 1, 2018

U.S. | Interest Rates Chartbook. February 2018

The FOMC March meeting will be Powell’s first as Chair. The January minutes confirm that the Committee views the tax cuts with optimism and developments abroad as an additional tailwind, expecting the economy to run above potential for the medium-run. Markets have interpreted Chairman Powell’s stance at the two-day Congressional testimony as hawkish.