#FED kept the interest rate constant. In the dot plots, a 75 basis point interest rate cut was predicted in 2024. #Powell description;
Inflation has eased significantly but is still high,
It may be appropriate to start reducing interest rates at some point this year,
It would be appropriate to slow down the pace of balance sheet shrinkage in the near term,
They continue to make progress in reducing inflation, the road to the goal is bumpy,
He does not expect interest rates to return to extremely low levels,
Strong hiring alone is not a reason to delay rate cuts,
He said that tight financial conditions suppressed the economy and that it was normal for inflation to be slightly high in the first half of the year.