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Chair Powell giving opening statement,..........>

FED
FED: Chair Powell giving opening statement, sounding fairly downbeat about
'mixed' economic data, explains why SEP showed much weaker forecasts. Echoes the
FOMC Statement.
- Growth + inflation could be stronger or weaker than we expect. No need to rush
to judgement.
- Downplays SEP, says the statement is the committee's stance, not individual
projections.

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