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The year began with the market expecting the Federal Open Market Committee to cut rates six times this year. The number of projected reductions has dropped as the year went on: Recent economic data have shown inflation stubbornly above the Fed's 2% target, putting rate cuts in jeopardy. Join us on May 2 at 3 p.m., as Lauren Saidel-Baker, an economist with ITR Economics, parses the FOMC meeting, Chair Powell's press conference and takes a look at future policy.