HomeMarketsU.S. Economy & JobsFed Rate Cut Projections: Where is Inflation Headed?

Fed Rate Cut Projections: Where is Inflation Headed?

The FOMC median forecast shows 25 BPS rate cuts in 2024 versus 75 BPS prior. Arnim Holzer discusses this as Fed projections show 4 of 19 officials saw no rate cut in 2024, 7 saw 1 cut and 8 saw 2 cuts. He also goes over how the Fed raised its 2024 inflation forecast to 2.6% which is up from 2.4% in the March forecast. Tune in to find out more about the stock market today.

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12 Jun 2024

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