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The Educating Investors PodcastAuthor: Scott Pederson, Financial Advisor, Harmony Wealth Management LLC
The goal of this podcast is to help to educate as many individuals as possible on markets, the economy, and financial planning topics. Educated Investors Successful Investors Language: en-us Genres: Business, Education, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The Federal Reserve June 2023 FOMC Meeting and Economic Projections
Episode 63
Monday, 26 June, 2023
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 slightly higher economic growth, unemployment rising a little slower, and inflation running slightly higher through the remainder of 2023 based on their June projections versus their March projections. Inflation has come down the fastest over the last 12 month outside of a recession. Is the Fed continuing to fight the last war of inflation, as the potential of excess tightening working with a lag leading to a potentially deeper economic contraction? After the Fed pause at the June meeting, what is the likelihood of further rate hikes? These choices can lead to different outcomes for the economy and therefore investing. Let’s look at their projections from June and what they mean for future meetings and the economy.
