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FED UPDATES
🔹 Vote result: 11–1, interest rates remain unchanged
🔹 The Fed still signals potential rate cuts → projected around one cut this year and another in 2027 according to the dot plot
🔹 Inflation remains elevated → currently forecast at around 2.7% for this year
🔹 The labor market is showing mixed signals
🔹 Biggest uncertainty → Middle East tensions pushing oil prices higher
🔹 Economic outlook → The Fed expects GDP growth of about 2.4% this year, slightly higher than the December forecast
#Fed
#BTC
#ETH