Core pce inflation for 2024 was revised higher to 2.6% in march from 2.4% in december, the core pce deflator, the fed’s preferred measure of inflation was 2.8% in. That suggests the fed will cut rates by 0.25%.
Fed officials in march projected that unemployment would rise to 4 percent by the end of this year. For release at 2:00 p.m., edt, june 12, 2024 summary of economic projections in conjunction with the federal open market committee (fomc) meeting.
The Federal Reserve Introduced A Visual Tool Called The Dot Plot In 2012 To Communicate Where Officials Think Interest Rates Should Be In The Coming Years.
As of last month, that had already happened.
Fed Officials In March Projected That Unemployment Would Rise To 4 Percent By The End Of This Year.
Core pce inflation for 2024 was revised higher to 2.6% in march from 2.4% in december, the core pce deflator, the fed’s preferred measure of inflation was 2.8% in.
Images References :
Fed Officials See The Fed Funds Rate Peaking At 5.1% In 2024.
Fed dot plot likely to draw the most attention.
Core Pce Inflation For 2024 Was Revised Higher To 2.6% In March From 2.4% In December, The Core Pce Deflator, The Fed’s Preferred Measure Of Inflation Was 2.8% In.
