Washington.
Given the impossibility of the central bank this week, the committee of the market, the committee on the federal open market amounted to 4.25% -4.5% of its principal, which has been since December.
Along with a level solution, the Committee showed that it was at the beginning of two cutting dinners through the “point plot” through the “point plot” at the end of 2025. However, he continued to put one sliced, future expected price on a period of 2026 and 2027 at four or a full percentage.
The story showed the uncertainty about the future of the tariffs. Each point means that one official expected for tariffs. Outlook, which is widespread in the matrix, including the funds of 2027 reserves in 2027, is 3.4%.
Seven of seven participants are not cut this year, from March to four. However, the Committee unanimously approved the policy statement.
The economic forecasts of the participants of the meeting pointed to further pressure, participants took 3% in 2024 and 3% of inflation.
Revised annexed by the last update in March increased the same amount for the price of 0.3 percentage points and prices for personal consumer expenses. PCE, 3.3%, as well as 0.3%, designed to eliminate food and energy prices. Unemployment, the world version, a small correction, up to 4.5% or 0.1% of March and 0.3 percentage points and 0.3 percentage points above the current level.
The FOMC statement changed less than the meeting in May. Until then, the economy has increased with “severe intense”, “low” unemployment and “rising” inflation, according to the Committee.
In addition, the Committee expressed little concern about the economy and clouds within the trade policy of the JSC.
“The uncertainty of economic forecast has decreased, but increases. The Committee will be careful about both sides and both sides of its dual mandate, “the committee said.
Although Donald Trump has simplified the rhetide rhetide of Donald Trump, some of the 90-day negotiations in the rates, although some of the Donald Trumps have made it easier.
Did not spend the rhetoric of Trump to feed.
In an early day, the President again the president from the president, who was released because he did not lose his colleagues again. Trump should have at least two percentage points in the federal exchange rate, at least Powell to cut the committee to cut the committee.
Health officials were reluctant to move, which is afraid that trump tariffs can cause inflation in the coming months. It is unknown that prices, so far, there is an impact of duties. Simplation of consumer demand and “Freedom Day” from April 2, “Consumer demand” and delay in the creation of inventories helped to eliminate their impact.
The conflict between Israel and Iran connects another wild card to a policy mixture, the rise in energy, the prospects of the capacities are high. The statement did not affect the fight in the Middle East.
The gradual softening economy may encourage cutting at the end of this year.
Details in the last labor market are high, increased long-term unemployment and low consumers. Retail sales in May, lasting about 1%, and the latest data showed the housing market for cooling, which will have the lowest level in five years.
For Trump, however, low prices are highly high cost, the government pays for funding its $ 36 trillion debt.
Remuneration of the loan exceeded all budget items in addition to 1.2 trillion dollars, as well as social security and medicines this year. The transmissions and treasury yields in December have been held at a high level throughout the year, for more than 6% of the total pressure for the budget deficit or more than 6% of GDP.
