The latest FOMC update just dropped โ€“ hereโ€™s the TL;DR:

๐Ÿ”น Rates are still at 4.50%, but 2025 could bring long-awaited cuts.

๐Ÿ”น The Fed sees the benchmark rate falling to 3.9% by year-end.

๐Ÿ”น Interestingly, they skipped over unemployment and inflation worries this time โ€” maybe a sign that things feel more stable.

๐Ÿ”น However, the economic growth outlook was dialed down while inflation expectations crept higher.

๐Ÿ’ก The new Fed dot plot is hinting at rate cuts ahead... ๐Ÿง

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