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*** Dealer policy opinion round-up ahead........>

FED
FED: *** Dealer policy opinion round-up ahead Wed's FOMC annc:
RBC Capital Markets economists said the "press statement should come and go with
very little fanfare" as "things have not shifted significantly enough to warrant
any notable alterations. Indeed, the idea that economic activity remains 'solid'
and that inflation is at/near the 2% target remains true. Though the tariff
tantrum has ramped up a bit since the last FOMC confab...the Fed is thus far
unconvinced that this warrants any material shift in the outlook," RBC said.
- Credit Suisse economists expect the Fed "to leave rates unchanged, but the
policy statement is likely to note the recent firmer inflation data." 
- Nomura economists also do not expect any rate change, but said it's "possible
that the post-meeting statement will add 'for now' when describing the FOMC's
plans for 'further gradual rate increases,' consistent with Powell's prepared
remarks at his semiannual testimony." Nomura added the "subtle change in
language would be consistent with the Committee's continued pullback from
forward guidance language employed during the aftermath of the Global Financial
Crisis."

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