Fed Recap (20/3/24): 1. Rates remain unchanged for the 6th consecutive meeting. 2. No rate cuts until confidence in achieving 2% inflation. 3. FOMC median forecast indicates 75 bps of rate cuts in 2024 to 4.6% #Inflation #FOMC #FederalReserve #TradersKE #Powell
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Analyzing the pulse of inflation in the US: A comprehensive look at CPI, PCE, PPI, and all key metrics. 🇺🇸 #Inflation #FOMC #FederalReserve #TradersKE #Powell
According to the Atlanta Fed: -Inflation expectations: Firms' year-ahead #inflation expectations held steady at 2.3 percent, on average. -Current economic environment: Sales levels and profit margins "compared to normal" remained largely unchanged. #FOMC #Fed #TradersKE #Powell