We expect the Fed to continue hikes until reaching 3.25-3.50%, says Joe Brusuelas. He gives an overview of the highlights of the FOMC meeting. He talks about how the FOMC predicts inflation to slow to 2.6% in 2023. He also discusses how the Fed needs to maintains a well-anchored medium to long-run inflation expectations. He then goes over the retail sales report for May 2022. Tune in to find out more.
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