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Message
re: It’s Fed day; put your predictions here.
Posted on 6/16/21 at 1:12 pm to RedStickBR
Posted on 6/16/21 at 1:12 pm to RedStickBR
quote:
Inflation forecast raised 1% but GDP forecast only raised 0.5%.
"transitory"
1
Posted on 6/16/21 at 1:21 pm to rocket31
The Federal Reserve is starting to change its tune. They are signaling higher inflation this year and faster rate hikes.
The Fed's big changes today =
3.4% inflation this year (prior forecast: 2.4%)
2 rate hikes in 2023 (prior was 0 hikes)
Unemployment 3.8% in 2022 (prior 3.9)
The Fed's big changes today =
3.4% inflation this year (prior forecast: 2.4%)
2 rate hikes in 2023 (prior was 0 hikes)
Unemployment 3.8% in 2022 (prior 3.9)
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