Across board. The big one, the fed sees federal funds rate at 4. 4 by end of this year. The fed sees one more rate hike in 2023 and possibly and rate cuts in 2024 and 2025. This year with two meetings left the Federal Reserve is indicating those hikes could be 75, 50 basis point combination of those two to get to the 4. 4 federal funds rate at end of this year. Cuts in 2024 they have to go back, go going back to the 25 basis point moves which the fed chairman does like to do, four rate hikes, rate cuts in 2024 and another four rate cuts in 2025 if they use that 25 basis point americament. Gdp goes down to. 2 of all of 2022. Only growing by 1. 2 in 2023 and 1. 7 in 2024 and 1. 8 in 2025. All under 2 growth for the foreseeable future. The fed believes the Unemployment Rate rises slightly from where it is to 3. 8 by the end of this year. They have the Unemployment Rate going to 4. 4 end of next year, staying there. The fed sees pce inflation, they have upgraded that projection to 5. 4 by
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