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Here's the Fed's latest outlook highlight

Moomoo News ·  Mar 18, 2021 01:42  · Most Read
  • The Federal Reserve’s so-called dot-plot projections budged little, with most members still expecting to keep rates near zero through 2023.

  • The central bank now expects real gross domestic product(GDP) to grow 6.5% in 2021, compared with its 4.2% forecast from its December meeting.

  • The Fed estimates the unemployment rate will fall to 4.5% in 2021, below the previous estimate of 5%.

  • The central bank now sees inflation running to 2.4% this year, above its previous estimate of 1.8%.

Editor: Debby

Source: CNBC, Barron's

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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