Fed still sees three cuts this year, but slower easing thereafter

Fed left interest rate unchanged at 5.25-5.50% as widely expected. The new economic projections and dot plots are clearly more hawkish than December’s. Yet, Dollar dips initially after the announcement, perhaps because they’re not as hawkish as feared. In the new median economic projections interest rate is still seen at 4.625% by the end of […]

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