INSIGHTS: Printer is Coming
In the game of interest rates, a picture is worth a thousand words and Jerome Powell's dot plot stole the spotlight this morning. The adjustment of the dot plot aligns more closely with market expectations, essentially endorsing it rather than resisting the market's anticipation of 114 basis points in easing next year. The Fed revised the 2024 dot to 4.6% from 5.1%, indicating a 50 basis points easing.
Join Chris and Sam as they discuss this in detail in today's Insights!
Read the full news post here.