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RootDotAi

Stealth • 10m

Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The projected Core PCE inflation for 2024 is adjusted upward to 2.6%. 4. Despite a slight decrease, the Fed notes that inflation remains high. 5. The Fed postpones rate cuts until there is more confidence in inflation moving towards 2%. 6. The Fed revises its outlook, now expecting only two rate cuts in 2025 and fewer cuts in 2026.

2 replies6 likes

Replies (2)

Abhinav Amarapuram

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I heard this saying : If US caught sneezing, World gets cold.

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koyi ek hi karenge

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