US FED Monetary Policy Updates

Latest updates on US FED Monetary Policy and probable impact on the Stock market.

• FED PROJECTIONS SHOW THERE WILL BE ONE MORE 25 BASIS POINT HIKE THIS YEAR AND 75 BASIS POINT CUTS IN 2024.
• U.S. FED INTREST RATE DECISION ACTUAL: 5.00% VS 4.75% PREVIOUS; EST 5.00%
• FED: WE WILL KEEP REDUCING THE BALANCE SHEET AS PLANNED.
• FED’S MEDIAN VIEW OF FED FUNDS RATE AT END-2024 4.3% (PREV 4.1%)
• EURO RISES AGAINST DOLLAR AFTER FED RATE DECISION, LAST UP 0.66% AT 1.084
• FED’S MEDIAN VIEW OF FED FUNDS RATE AT END-2025 3.1% (PREV 3.1%)
• FED POLICYMAKERS: SLOWER GDP GROWTH IN 2023, LOWER UNEMPLOYMENT, AND LESS PROGRESS ON INFLATION THAN IN DECEMBER

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