January 2024 FOMC Preview
With lots of new data around the corner, the Fed will want to keep its options open.
With lots of new data around the corner, the Fed will want to keep its options open.
The Fed will hold, but will still probably not want to talk too much about 2024.
The Fed will leave its target range for the Federal Funds Rate at 5.25%-5.50%. The big news between the last meeting and this is the large raise in long yields, which has several committee members thinking that there will be less need to hike.