Hawkish message comes as US central bank holds rates at 23-year high and raises forecast for inflation
“The new predictions marked a significant change from the Federal Open Market Committee’s last “dot plot” in March, when officials signalled three cuts this year — and showed lingering concerns that inflation remains above the Fed’s 2 per cent target.”
Fonte: Financial Times
Autore: Claire Jones and Kate Duguid
Link: Fed officials signal just one interest rate cut before end of 2024