ab 18 June 2025 Global Research US Economic Perspectives June FOMC: The Fed's new outlook FOMC median policy assumption this year unchanged The FOMC left rates unchanged at their meeting this week but not their projections. In the June Summary of Economic Projections, the median assumption of appropriate policy (the median "dot") for 2025 was left unrevised at 3.9%, below our expectation for a 25 bp upward revision. However, 2026 revised up 25 bp to 3.6%, which was in line with our expectations, and up 25 b ...

Wall Street's always looking for signals. Signals from all over the place, but especially from the Federal Reserve, which is why I keep coming back to this subject. I just explained what happens when the Fed signals that it's willing to strangle the life out of the economy in order to curb inflation.Investors figure that we're headed into a slowdown. The stock market plummets and it tends to stay down. Now, let's talk about the other side of the coin.Because while the Fed can be the ultimate destroyer of va ...