The Real Time Economics blog at the WSJ discusses expectations for the Fed two day meeting that starts tomorrow: Expect Patience From the Fed (note: the statement will be released on Wednesday). No one expects a rate hike, and the main focus will be on the economic outlook and whether MBS purchases will slow. Last month, the FOMC statement noted “economic activity is leveling out”, and the statement this month might be slightly more positive

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Fed Funds and Unemployment Rate

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