Coin Bureau, relaying another source: Fed policy rate will fall

The window it was checked over

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

heading this information is provided in the fed's summary of economic projections or sep a document that it updates at every other fed meeting if you've looked at the most recent SCP you'll know that there's not much to write home about there the FED expects GDP to stay steady at around 2% in the coming years it expects unemployment to rise slightly before falling back to its 4% Target and for inflation to continue falling until it hits its 2% Target the only prediction worth expanding on is the fed's projection for its future interest r rates most fed officials see interest rates falling down to around 3% in the coming years and staying at those levels in the long term this is significant as it suggests that we are now in a higher interest rate environment in case you missed it interest rates had been practically at zero since 2008 now after his review of the SCP Jerome underscored the fact that the FED is focused on the unemployment side of its dual mandate however he simultaneously stressed that the FED would continue to look at incoming inflation and unemployment data when it comes to adjusting interest rates in the future to be exact Jerome said that if inflation continues falling or

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