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News

Federal Reserve FOMC Raises GDP and PCE Inflation Expectations for 2026-2028

Federal Reserve Dot Plot Shows Median Rate Cut Expectations of 25 Basis Points Cumulatively by 2026

The Federal Reserve interest rate decision was approved with an 11-1 vote, with Governor Milam casting the dissenting vote.

The Federal Reserve maintains its forecast of one interest rate cut in 2026 and one in 2027.

The Federal Reserve has a 98.9% chance of keeping interest rates unchanged at this meeting.

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