The Fed Keeps Rates on Hold, But SEP signals Three cuts in 2024

Flash Review: The Fed Keeps Rates on Hold, But SEP signals Three cuts in 2024

by Brunello Rosa and Nato Balavadze

13 December 2023

In this paper we discuss:

1. The Fed’s latest assessment of the US economy;
2. What the Fed decided today and could do in coming months;
3. The evolution of the SEP dots and forecasts since September 2023;
4. The market implications of all the above.

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Download PDF: Fed Flash Review – December 2023

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