The Fed “Skips” June, But Signals Two More Hikes To Come in 2023, With July Becoming a “Live” Meeting

The Fed “Skips” June, But Signals Two More Hikes To Come in 2023, With July Becoming a “Live” Meeting

By Brunello Rosa and Nato Balavadze

14 June 2023

In this paper we discuss:

1. The Fed’s assessment of the US economy;
2. What the Fed decided in June, could do in July and subsequent months;
3. How the Fed altered its macroeconomic and policy projections; and
4. The market implications of all the above.

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Download PDF: Fed Flash Review – June 2023

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