Reported about 1 year ago
As the Federal Reserve maintains interest rates in June, market watchers are analyzing the Fed's updated economic forecasts through its 'dot plot.' The Fed anticipates only one rate cut by year-end to combat inflation and reach the 2% target. Analysts indicate possibilities of one or two rate cuts, with a shift from three projected cuts. Economic indicators like GDP growth, inflation rates, and the job market are in focus as projections are laid out for the coming years, with markets responding positively to the news.
Source: YAHOO