QS - Wall Street Breakfast: Fed Meeting Finesse

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Fed meeting finesse The Federal Reserve takes center stage, but the decision could well be a dud for a market that's been hyping up big macro events lately. This is certainly the most important FOMC meeting since, well, the last FOMC meeting. But if Chairman Jay Powell and company avoid taper talk and keep rate forecasts steady, Wall Street could shrug it off, like recent jobs and inflation reports. While nobody expects a rate hike when the statement arrives, there's plenty for the FOMC to try and finesse in its statement and for Powell to address at his Q&A.The "Fed has to navigate desire to taper asset purchases through land mines of uncertainties about the economy and the risks posed by variants, debt ceiling politics, China

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Wall Street Breakfast: Fed Meeting Finesse