📊 Fed Lowers Growth Forecast, Raises Inflation Outlook—Stagflation Fears Rise!
🔹 Key Fed Projections:
📌 Inflation to rise from 2.5% to 2.7% by year-end, still above the 2% target.
📌 2025 GDP growth forecast cut from 2.1% to 1.7%, a sharp slowdown from ~3% in 2022-23.
🔹 CFRA’s Sam Stovall:
FOMC’s balancing act on sticky inflation & slowing growth is likely tied to uncertainty over Trump’s April 2 tariff policy discussions.
⚠️ Will tariffs add more inflationary pressure?