Fed fund rate today

[贾和平]

FOMC leaves the fed funds rate unchanged as the market expected. But The Fed sees an economy with more momentum and more inflation than it had expected. And that could call for higher interest rates. The dot plot shows the terminal rate at 5.6%.

The median expectation for the Fed funds rate moves up to 5.625, which means two more hikes. The market consensus was one or zero hikes.

 

[GlobeCitizen]

Paused today, two more 0.25% baked for this year. Canada will follow for two more hikes this year.

Fed skips June interest-rate hike, but points to two more increases this year

The Federal Reserve held interest rates steady Wednesday and pointed to two more 25-basis-point rate hikes this year.

www.marketwatch.com

 

[贾和平]

The Fed is no longer forecasting a mild recession in 2H, and the projection of the unemployment rate drops to 4.1% from 4.5% ( 03/2023). Look at the diagram and market consensus, there must be one wrong or both wrong.