🔵 FOMC Statement 👇

🟢 The Fed's median interest rate forecast (long-term) is actual 3% (forecast 3%, previous 2.875%)

🟢 The Fed's forecast calls for a 50 basis point rate cut in 2025, and another 50 basis points in 2026.

🟢 The Fed's median interest rate forecast (next two years) is actual 3.375% (forecast 3.125%, previous 2.875%)

🟢 The Fed's forecast calls for a long-term rate of 3.0% versus 2.9% in September's forecast.

🟢 The Fed's forecasts indicate that one of the 19 officials sees no cuts in 2025, three see one cut, 10 see two cuts, three see three cuts, one sees four cuts, and one sees five.