PANews reported on March 17th that, according to Jinshi News, Nick Timiraos, a well-known Fed mouthpiece, stated that the Fed may be more inclined to remain silent this week. However, forecasts are forcing them to outline a path. Two former Fed chairs told me they want to avoid predicting rate cuts in the near term. Whether current officials will adopt the same attitude has become a core focus of this meeting, with both hawks and doves potentially pointing to the same shock to maintain their positions.
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