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This could be another action packed week as the Fed's meeting and the latest S&P 500 earnings reporting season take center stage. Fed Chair Jerome Powell will hold his press conference on Wednesday after the latest FOMC meeting adjourns. He is likely to reiterate that the FOMC is in no rush to lower interest rates, and isn't considering raising them either. That won't be surprising to the markets. Q1 earnings, however, could continue to mostly surprise to the upside this week, as they have so far.
There could be surprises in this week's batch of economic indicators for both inflation and employment:
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