March 2024 FOMC Recap: The Fed's Game Plan is Still Normalization
There was a lot to like from the FOMC press conference this week. Here are the highlights from Powell’s press conference.
There was a lot to like from the FOMC press conference this week. Here are the highlights from Powell’s press conference.
Our baseline forecast of the dots sees most of the dots holding steady, with some dots taking cuts off for this year. . This leaves three cuts as our baseline median dot—but just barely.
With lots of new data around the corner, the Fed will want to keep its options open.