Fast Take
- The Fed was considerably clear with their projections suggesting two additional 25 bps charge hikes this yr.
- Nonetheless, the market is presently pricing in a single 25bps hike in July after which holding for the rest of the yr.
- A chart created by hedge fund undertaking supervisor, Super_Macro exhibits the Abstract of Financial Projections, most notably a big upward revision to anticipated development this yr however a downward revision to unemployment.
- Tremendous Macro additional says that fifty% of the eighteen officers projected that the fed funds charge would finish this yr at 5.625%.
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