Arguably the main event in the coming week will be the Fed policy meeting, which concludes on Wednesday. No action is anticipated, so market attention will fall on the new economic forecasts, Chairman Powell’s press conference, and the updated interest rate projections in the so-called ‘dot plot’. Fed officials adopted a much more cautious tone in early 2019, indicating they’ll put their rate-hike plans on ice for the time being while they monitor the risks surrounding the economy. In other words, policymakers sent a clear signal that they won’t touch the hiking button again for at least a few months, or perhaps not ... (full story)