The Feds March Economic Projections and What It Means for their May Meeting and the Markets
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The Feds March Economic Projections and What It Means for their May Meeting and the Markets
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I believe that educated investors = successful investors. The goal of this podcast is to help to educate as many individuals as possible on markets, the economy, and financial planning topics. The Fed now sees growth slower, unemployment rising a little slower, and inflation running slightly higher through the remainder of 2023 based on their March projections. This forces the Fed to make a choice, do they focus on supporting the weakening economic outlook, or continue to prioritize the fight against higher but slowly falling inflation? Does the recent banking crisis cause them to rethink potential rate hikes after the May meeting. These choices can lead to different outcomes for the economy and therefore investing. Let’s look at their projections from March and what it means for the May meeting.