Market priced in rate cuts for later this year based on the December Dot Plot, but you can see that the market has started to price that back out because of CPI and PPI numbers. PCE release on Feb 29th, and Fed meeting in March with a new Dot Plot.
The Fed once again f'ed up by showing rate cuts in their Dot Plot, we'll see if they screw up again. Appears that Powell isn't the only village idiot, he's got company there at the Fed, lol. There gonna figure out that they can't SCHEDULE a rate cut, it should only happen when necessary.
This is how rebound inflation happens, the Fed did it with their Dot Plot. Morons. The incompetence is staggering.
The Fed once again f'ed up by showing rate cuts in their Dot Plot, we'll see if they screw up again. Appears that Powell isn't the only village idiot, he's got company there at the Fed, lol. There gonna figure out that they can't SCHEDULE a rate cut, it should only happen when necessary.
This is how rebound inflation happens, the Fed did it with their Dot Plot. Morons. The incompetence is staggering.