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The year started with the market expecting the Federal Open Market Committee to cut rates six times this year. The number of expected cuts has fallen over the year: Recent economic data has shown inflation stubbornly above the Fed’s 2% target, putting interest rate cuts at risk. Tune in May 2 at 3 p.m. as Lauren Saidel-Baker, an economist at ITR Economics, dissects Chairman Powell’s FOMC meeting and press conference and takes a look at policy moving forward.