FHN Financial Economic Weekly

Chris Low, Sophia Kearney-Lederman, Will Compernole, and Mark Streiber
FOMC Recap: Long-Run Dots Drifting Higher

The Fed left rates unchanged this week, but it was a hawkish skip as the Fed’s new forecast shows interest rates higher-for-longer than in the June update. Powell’s explanation of why that is has implications not just for fed funds, but for market rates, too.

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