Fed likely to pen rosier forecasts, but no policy shift expected

By Ann Saphir (Reuters) - Federal Reserve policymakers are expected this week to forecast that the U.S. economy will grow in 2021 at the fastest rate in decades, with unemployment falling and inflation rising, as the COVID-19 vaccination campaign gathers pace and a $1.9 trillion relief package washes through to households. But investors who expect rosier projections to translate to any change in monetary policy when the U.S. central bank's Federal Open Market Committee ends its two-day meeting on Wednesday will likely be disappointed. "The FOMC will not validate market expectations of an earli...