The Fed will update its rate projections this afternoon (https://www.federalreserve.gov/newsevents/calendar.htm ).
FOMC will make interest-rate decision and Powell is about to say something.
FOMC Meeting on March 19
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shepherd17
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Re: FOMC Meeting on March 19
Things are not looking good.
March 19, 2025, 2:22 p.m. ET2 minutes ago
Colby Smith
What is striking about the projections this time around is how significantly uncertainty about the outlook for growth, unemployment and inflation has spiked. That suggests the range of possible outcomes the Fed is having to consider is much wider than it was in December, when policymakers last updated their projections.