pull down to refresh

0 sats \ 0 replies \ @Coinsreporter 19 Mar \ on: Stacker Saloon
Fed holds interest rates steady, still sees two cuts coming this year
Revisions
The Fed makes multiple revisions to their 2025 economic data projections.
  1. Cuts 2025 GDP growth projection from 2.1% to 1.7%
  2. Raises unemployment forecast from 4.3% to 4.4%
  3. Raises PCE inflation forecast from 2.5% to 2.7%
  4. Raises Core PCE inflation forecast from 2.5% to 2.8%
Overall the Fed sees higher inflation and a weaker economy.
write
preview