The Federal Reserve's hawkish stance has surprised markets, with revised inflation forecasts and the dot plot indicating a commitment to higher rates for longer. While inflation remains elevated, potential easing in early 2025 hinges on moderating price pressures.
The Federal Reserve has adopted a hawkish stance, surprising markets with a commitment to higher interest rates for an extended period. Revised forecasts and the dot plot indicate that elevated inflation will keep rates up longer. Potential easing is only anticipated in early…
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