🔰 The updated Summary of Economic Projections (SEP) from the FOMC:
Raised 2026 rate forecasts 4.1% from 3.8%
🔰 Raised 2027/28 forecasts 4.1% from 3.6% and 3.9% from 3.4%
🔰 Ticked up inflation forecast 3.7% from 3.6%
🔰 Lowered jobless forecast 4.1% from 4.3%
#Gold $XAU
Raised 2026 rate forecasts 4.1% from 3.8%
🔰 Raised 2027/28 forecasts 4.1% from 3.6% and 3.9% from 3.4%
🔰 Ticked up inflation forecast 3.7% from 3.6%
🔰 Lowered jobless forecast 4.1% from 4.3%
#Gold $XAU