The US Fed has remained status quo as projected. Let's take a look at the latest outcome.
The latest dot plot shows that the US Fed will only ease its rates 2x in 2025.
The Fed has reduced its economic growth projection to 1.7% from 2.1% but it has hiked its PCE inflation to 2.7% from 2.5% and core PCE inflation from 2.8% from 2.5%. This is signalling a stagflation problem!
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