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home / news releases / SSPY - The Fed Projects Higher Inflation: What That Means For Interest Rates

SSPY - The Fed Projects Higher Inflation: What That Means For Interest Rates

Syntax Stratified LargeCap

2024-06-12 17:24:50 ET

Summary

  • The Federal Reserve held interest rates steady, adjusted its rate forecast higher, and is less optimistic about disinflationary progress.
  • The economy is outperforming the Fed's expectations, growth projections for 2024 and 2025 remain above the long-term target.
  • The Fed sees core inflation finishing higher at 2.8% in 2024, projects one rate cut this year and four next year.

Introduction

For further details see:

The Fed Projects Higher Inflation: What That Means For Interest Rates
Stock Information
Company Name: Syntax Stratified LargeCap
Stock Symbol: SSPY
Market: NYSE
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