Wall Street Reacts To The Fed’s “Confused” 2024 Hawkish Shock
September 20, 2023 at 15:20 PM EDT
In our FOMC preview, we said that the only thing that will matter today was the Fed’s 2024 median dot… … and that’s precisely what happened: with a statement that was a carbon copy of July, the real shocker today was the much more hawkish outlook for 2024. Indeed, as Bloomberg notes, when comparing the […] Source