Fed Review: Upbeat on Growth

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-fed16.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Fed maintained Fed Funds Rate target unchanged at 5.25-5.50% as widely anticipated, but surprised hawkishly with clearly more optimistic projections. Median growth forecasts were revised higher for 2023-2024, warranting a 50bp upward revision to both 2024 &#38; 2025 median rate projections. We remain more pessimistic on the economic outlook, and make no changes to [&#8230;]</p>
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