🚨 Fed Highlights:
• The risks to inflation and employment goals are considered "generally balanced," similar to November.
• The decision to cut rates was approved with a vote of 11-1.
• Future rate adjustments will depend on the data presented, evolving outlook, and risk balance.
📊 Median Rate Projections from Fed Officials:
• End of Year 2024: 4.4% (Unchanged)
• End of Year 2025: 3.9% (Previously 3.4%)
• End of Year 2026: 3.4% (Previously 2.9%)
• Long Term: 3.0% (Previously 2.9%)
🔍 Markets are now pricing in a 90% probability that the Fed will keep rates steady in January.
Disclaimer: This is not investment advice. Always conduct your own research before making financial decisions.
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