jaaa5ggmb
@jaaa5ggmb
Fed held rates steady in June, as expected. Officials see less policy uncertainty but cut growth forecasts and raised inflation outlook. Dot plot keeps two 2024 cuts but turns slightly hawkish, showing caution. Powell stays wary on inflation, admitting low confidence in rate path. No rush to cut—Fed will wait if the economy allows. We still expect the next cut in Q4.
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