This afternoon, the Federal Reserve lowered the federal funds target from the prior range of 4.25%–4.50% to a new target of 4.00%–4.25%.
Dot Plot Drift: The Hawks Are Losing Altitude
This afternoon, the Federal Reserve lowered the federal funds target from the prior range of 4.25%–4.50% to a new target of 4.00%–4.25%.