Wall Street Breakfast
Fed holds but yanks two cuts from dot plot
The Federal Reserve kept interest rates on hold as expected. But the summary of economic projections showed median expectations for two fewer rate cuts in 2024. The 2-year Treasury yield hit levels not seen since 2006.
Episode transcripts seekingalpha.com/wsb.
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Show Notes
Play-by-play of Fed Chairman Powell's press conference
- Broadcast on:
- 20 Sep 2023