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MNI: MEDIAN FED OFFICIAL SEES 1 CUT THIS YEAR

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MNI: MEDIAN FED OFFICIAL SEES 1 CUT THIS YEAR

FED: 4 OFFICIALS SEE NO CUT IN '24, 7 SEE 1 CUT, 8 SEE 2

FED: 'MODEST FURTHER PROGRESS' ON INFLATION RECENTLY

FED: MEDIAN LONGER RUN RATE 2.8% VS 2.6% IN MARCH

FED: MEDIAN FED FUNDS RATE 4.1% END-2025, 3.1% END-2026

FED: PCE INFLATION SEEN 2.6% END-2024 VS 2.4% IN MARCH

FED: CORE PCE SEEN 2.8% END-2024 VS 2.6% IN MARCH

FED HOLDS RATES AT 5.25%-5.5% RANGE

FED: WON'T CUT RATES UNTIL MORE CONFIDENT ON INFLATION

MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com

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