ANZ forecasts that the Federal Open Market Committee will announce dot plot cuts ...Middle East

ANZ are forecasting dot polt cuts at the Federal Open Market Committee (FOMC) meeting next weekexpect the FOMC will lower the 2023 and 2024 dot plotdot plot could be cut by 50+bpSaying that Fed Funds have not reached predicted levels even though inflation is lowerAND predict that:Powell will need to maintain hawkish guidance during the transition to lower growth and inflation so is likely to stress patiencelong run estimate for Fed Funds could riseextended moderation in inflation is raising confidence that aggregate price gains will return to targetbut progress on inflation is uneven across different cohorts and will take time to become balanced at 2.0%Inflation has performed better than the

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Last updated : 07 Dec 2023 clock 02:52 AM

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ANZ forecasts that the Federal Open Market Committee will announce dot plot cuts ...Middle East

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