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#FOMC on April 29 is expected to deliver an unchanged rate decision.
This will likely be the last FOMC meeting for Federal Reserve Chair Jerome Powell.
We thank him for many years of excellent service.
The new Fed chair will likely be Kevin Warsh. Markets generally view him as more dovish.
He has expressed the view that AI and robotics will be deflationary, making goods and services cheaper over time.
Very interesting times.