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Friday, March 22, 2024

The US Fed has maintained its status quo again in March 2024. What has changed?

The latest dot plot chart showed that FED would reduce its rate to 4.6% by the end of 2024 which signified 3 rate cuts.

However, the Core PCE inflation projection for 2024 would rise to 2.6% from 2.4% (December projection).

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