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The war in Ukraine continues in its merciless ways, asset markets continue to be buffeted this way and that by the supercilious rumors that drive short-term trading strategies, and policymakers around the world continue to grapple with what the effect of the war will be on inflation and economic growth.
The concerns on the dovish side about growth are unlikely to go away.
The March Fed meeting will come with the Summary Economic Projections that provide a window into what the FOMC members are thinking about economic trends and interest rates.