PolicyWatch on Nostr: 🇺🇸 FOMC Update: - Rates maintained at 5.25% to 5.50%. - Fed projects a ...

🇺🇸 FOMC Update:

- Rates maintained at 5.25% to 5.50%.
- Fed projects a 0.25-point rate hike in '23.
- 0.5-point rate cuts expected in '24.
- Year-end '24 rate projection: 5.1%.
- '25 projection at 3.9%.
- Stronger GDP growth and lower unemployment forecasted. #FOMC #Economy