The Fed Keeps Rates Unchanged, But Reduces The Pace of QT
by Brunello Rosa and Nato Balavadze
19 March 2025
In this paper we discuss:
The Fed’s assessment of the US economy, which is rapidly deteriorating;
What the Fed did in March and could do in coming months;
How the SEP changed since December 2024; and
The market reaction.
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Download PDF: Fed Flash Review – MArch 2025
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