sfewad pfp
sfewad
@nnnhnh
Fed held rates steady in June, as expected. Officials see less policy uncertainty but cut growth forecasts and raised inflation outlook. Dot plot kept two cuts this year but turned slightly hawkish, showing caution. Powell stayed wary on inflation, admitting low confidence in rate path. No rush to cut rates—Fed won’t act unless the economy allows. We still expect the first cut in Q4.
0 reply
0 recast
0 reaction