Federal Reserve's Final 2023 Meeting: FOMC's Economic Projections Crucial, Dot Plot Weeds Out Hawks, Doves - iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)
Fed expected to announce interest rate decision this Wed. Markets expect rates to settle 5.25-5.50%. FOMC will release economic projections, dot plot, & revisiting Sept. projections. Sept. projections showed 2.5% PCE inflation in 2024, 1.5% economic expansion in 2024.
Jerome Powell Federal Reserve Market Committee Fed Chair Jerome Powell Hiking Cycle Market Expectations
Source: benzinga.com