Review: The Fed Upgrades Its Forecasts, But Still Sees 3 Rate Cuts in 2024

Review: The Fed Upgrades Its Forecasts, But Still Sees 3 Rate Cuts in 2024

by Brunello Rosa and Nato Balavadze

20 March 2024

In this paper we discuss:

1. The Fed’s assessment of the US economy;
2. What the Fed did in March and could do in coming months;
3. The changes in the FOMC forecasts; and
4. The market implications of all the above.

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