Federal Reserve Raises Rate Path Outlook and Revises GDP, Inflation, and Unemployment Projections
2026-06-17 19:03:48
The Federal Reserve lowered its projection for GDP growth and its unemployment-rate outlook for this year, while sharply raising its projections for PCE inflation and core PCE inflation for this year and next year. According to Jin10, the Fed also raised its projections for the federal funds rate over the next three years.
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