Reported 11 months ago
The Federal Reserve is expected to release updated economic projections showing fewer rate cuts than anticipated, faster inflation, and slower growth. Fed Chair Jerome Powell may emphasize the uncertainty surrounding the forecasts during the press conference, as officials acknowledge the unpredictability of the current economic landscape. With conflicting data on inflation and employment, the Fed's outlook may include alternative scenarios to navigate the nuanced risks and make informed policy decisions.
Source: YAHOO