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FOMC Summary of Economic Projections
In conjunction with the Federal Open Market Committee (FOMC) meeting held on June 14–15, 2022, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2022 to 2024 and over the longer run. Each participant’s projections were based on information available at the time of the meeting, together with her or his assessment of appropriate monetary policy—including a path for the federal funds rate and its longer-run value—and assumptions about other factors likely to affect economic outcomes. ... (full story)
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FED SEES RATES AT 3.4% END-2022, 3.8% END-2023, 3.4% END-2024 - BBG
— DailyFX Team Live (@DailyFXTeam) June 15, 2022
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*Fed Officials See Inflation of 5.2% at End of 2022; 2.6% for 2023
— *Walter Bloomberg (@DeItaone) June 15, 2022
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Fed Officials See Unemployment at 3.7% at End of 2022; 3.9% for 2023
— AceMarketU.com (@AceMarketU) June 15, 2022
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FED POLICYMAKERS' PROJECTIONS SHOW THEY EXPECT TO START CUTTING RATES IN 2024
— *Walter Bloomberg (@DeItaone) June 15, 2022
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