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Macro - Weekly Briefings - US

Publisher Oxford Economics
Published Dec 15, 2023
Length 5 Pages
SKU # OFE18399819

Description

Macro - Weekly Briefings - US



The Federal Open Market Committee pivoted from its hawkish stance this week, sending a strong message that rate cuts are done and that concern about the downside risks to the economy from restrictive monetary policy will play a bigger role in policy decisions going forward. The FOMC's updated economic projections call for three rate cuts in 2024; the new forecast increases the risk that the Fed will begin cutting rates sooner than Q3, which is our current baseline forecast.

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5 Pages
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