SUMMARY OF FED DECISION
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Fed leaves rates unchanged for 2nd straight meeting
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Fed says uncertainty around economy has increased
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Median forecast shows 50 bps of rate cuts in 2025
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Fed to slow balance sheet runoff beginning April 1st
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Fed sharply reduces 2025 growth projections
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Fed marks up their 2025 inflation forecast
Read the full Statement: https://www.federalreserve.gov/newsevents/pressreleases/monetary20250319a.htm