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February 27, 2023

Could the Federal Reserve’s March ‘dot plot’ move higher given recent economic data?

The aggressive path of the Federal Reserve’s tightening cycle is well documented, with the Federal Open Market Committee (FOMC) raising interest rates 450 basis points over the course of eight consecutive meetings.   With the policy rate now approaching 5%, recent strength in some key economic indicators has raised the question if the 2023 ‘dots’ could...
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