Rate cuts, inflation, GDP, & labor | News World

00:00 Speaker A

Well, the Fed did hold interest rates steady in June. Released also its latest summary of economic projections, what we also call the dot plot, and for more on the details of the dot plot, we bring in Yahoo Finance senior reporter, Allie Canal. Hey, Allie.

00:19 Allie Canal

Well, yes, truly, considering the expectation was for the Fed to remain on hold, which as we saw they did. All eyes have been on that summary of economic projections, otherwise known as the SEP, which includes the highly anticipated dot plot. That maps out where policy makers think interest rates will head in the future, and, uh, and for the month of March, similar to what we saw, uh, for June, the Fed is still pricing in two rate cuts, but there were a few notable changes, including a more…more

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