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FOMC dot plot and central tendencies from the June 2023 meeting. EOY 2023 rate 5.6%
The FOMC dot plot for May 2023 show the median rate at the end of 2023 at 5.6% versus 5.1% in March 2023For 2024, the median fed funds target rate is 4.6% vs 4.3% in MarchFor 2025, the median fed funds target rate is 3.4% vs 3.1% in MarchBelow is the dot plot for June 2023:As a comparison, the dot plot from March 2023 showed:The table central tendencies from June 2023 shows:Highlights from the central tendencies:PCE inflation for 2023 moved to 3.2% from 3.3% in MarchCore PCE for 2023 moved to 3...
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Posted: Jun 14 2023, 18:04
Author Name: forexlive
Views: 081218