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The DC Today - Wednesday, March 20, 2024

The DC Today - Wednesday, March 20, 2024

The Fed left rates unchanged, which was expected, but more importantly, left their dot plot chart unchanged as well

The Dividend Cafe · The Bahnsen Group

March 20, 20247m 40s

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Show Notes

Today's Post - https://bahnsen.co/43pRAau

Generally, a pretty market-friendly statement from the Fed, with some upgrading on the economy with GDP estimates moving up from 1.4% to 2.0%, they lowered their unemployment rate forecasts from 4.1% to 4% and raised the Core PCE forecasts by two-tenths to 2.6% for the year (and we are already at 2.8% now mind you).

Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com