Powell Says Fed’s Inflation View Stays Unchanged Despite Recent Data

Stocks Rise; Yields Dip; Dollar Fluctuates as Powell Speaks

Powell: Instinct Would Be Rates Not Returning to Very Low Levels

Powell Says Inflation View Unchanged Despite Recent Data

Powell: Appropriate to Slow Pace of Asset Runoff Fairly ‘Soon’

Powell Says Rate ‘Likely at Its Peak,’ Appropropriate to Begin Easing Some Time This Year

Powell Says Immigration Boosting Labor Supply

Powell Says Inflation Is ‘Still Too High’

Fed Will Maintain Current Cadence of QT

Latest Dot Plot

Fed Boosts US Economic Growth Forecasts Through 2026

Stocks Hit Session Highs

Rates Market See About 70% Chance of Rate Cut by June

Key Takeaways From Fed Statement

Link to Statement

One Rate Cut Taken Out of 2025 Projections

Fed Repeats Waiting for Greater Confidence on Inflation to Cut

Median Forecast Shows 75 Bps of Rate Cuts in 2024 to 4.6%

Median Rate Forecast for 2025 Rises to 3.9% From 3.6%

Fed Holds Benchmark Rate in 5.25-5.5% Target Range

Key Events

ImageLede

Federal Reserve/Labor Market Reporter

Senior Editor

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