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MNI: FOMC KEEPS FED FUNDS RATE UNCHANGED AT 5.25%-5.5%

FED
  • MNI: FOMC KEEPS FED FUNDS RATE UNCHANGED AT 5.25%-5.5%
  • FED DOT PLOT SEES 3 CUTS IN 2024 (MEDIAN RATE 4.6%)
  • FED:DETERMINING EXTENT OF 'ANY ADDITIONAL POLICY FIRMING'
  • FED MEDIAN DOT 3.6% IN 2025, 2.9% IN 2026, 2.5% LONG RUN
  • FOMC SEES HEADLINE, CORE PCE INFLATION AT 2.4% AT END-'24

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