Fomc Meeting June 2024 Expectations. Released on 16 june, the federal open market committee’s ( fomc’s) summary of economic projections (sep) implies that the fed could hike interest rates twice in 2023 instead of 2024 or later, as. The dot plot is likely to reflect two rate cuts in 2024, signaling a cautious yet flexible approach by the fed.
Goldman sachs expects the june fomc meeting to project a modest increase in core pce inflation while maintaining steady gdp and unemployment projections. At the june fomc meeting, the fed left rates unchanged and lowered its guidance on interest rate cuts to just a single 25 basis points reduction in 2024 (although many on the committee did think two cuts are still a possibility).
Fomc Meeting June 2024 Expectations Images References :
