FED Rate - Unchanged
As expected, Fed left target at 5.25-5.5%
What was interesting is that they removed 2 potential rate cuts from 2024 and still were strong on there will likely be a quarter point raise later this year.
As expected, Fed left target at 5.25-5.5%
What was interesting is that they removed 2 potential rate cuts from 2024 and still were strong on there will likely be a quarter point raise later this year.
Will have to see what that inflation number is next month. I have a strong feeling it's going to slowly start creeping up again and we are going to see 5%+ on inflation next year which is way over target.
We have our inflation creeped up to 4% last month.
Yep, I have long believed that next year, like Q2 maybe later, we will see inflation tick up substantially.