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The Fed: Fed may not ‘pull any punches’ in policy statement

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The Fed may

Don’t expect the same old cuddly Federal Reserve this week.

The Fed, as if out of nowhere, suddenly seems more hawkish, said Richard Moody, chief economist at Regions Financial Crop.

And this new assertive central bank may feel “there is no need to pull any punches” in discussing the future path of interest rates, said Lou Crandall, chief economist at Wrightson ICAP.

This more aggressive stance may be signaled in the so-called dot plot of projected rate hikes.

Read: Fed expected to send hawkish signals with the dot plot

And it could also be reflected in edits to the central bank’s policy statement, economists said.

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