Attention Economy


Wednesday, June 12, 2024

FOMC June 2024 Statement and SEP


The Fed Holds Rates Steady and Predicts Just One Reduction This Year
https://www.nytimes.com/2024/06/12/business/economy/fed-meeting-powell-inflation-interest-rates.html
Federal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation.
 
Stung by Past Mistakes, a Wary Fed Takes Its Time
https://www.wsj.com/economy/central-banking/stung-by-past-mistakes-a-wary-fed-takes-its-time-e361a364
 
How to Read the Fed’s Projections Like a Pro
https://www.nytimes.com/2024/06/12/business/fed-dot-plot.html