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As appropriate to sustain the expansion of the fed sees longer run federal funds rate dropping from 2. 8 to 2. 5 . On inflation the fed closely monitoring inflation at it point. The forecast is for headline inflation to fall 1. 5 this year. The fed sees core inflation slipping to 1. 8 . Then in 2021 the fed sees a reversal, inflation rising back to 2 . On gdp the fed forecast as 2. 1 in 2019. The fed lowered outlook for unemployment this year to 3. 6 . The fed sees the labor market as strong right now but they say the rising economy at a moderate rate. Now the data shows that Consumer Spending picked up but Business Investment softened. Fed sees uncertain forecast of economy, jobs, ininflation. Very interesting statement but no rate cut today. Looking at one fed president or one fed vote away from a rate cut this year. Two fed votes away from two rate cuts this year. ....
That 4. 25 trillion Balance Sheet. The nasdaq at risk of being down for the second consecutive month. The devastating Hurricane Season continues, maria hitting puerto rico. The entire island losing power completely. The power may not be fully restored for up to six months at a minimum. Meanwhile, President Trump announcing new sanctions against north korea, essentially saying nations and entities have a choice. You can do business with america or do business with north korea but not both. The president also said that china has told its banks to stop doing business with north korea. Ray dalio is the founder and cochairman of Bridgewater Associates which, over the last 40 years, has become the Worlds Larges ....
That 4. 25 trillion Balance Sheet. The nasdaq at risk of being down for the second consecutive month. The devastating Hurricane Season continues, maria hitting puerto rico. The entire island losing power completely. The power may not be fully restored for up to six months at a minimum. Meanwhile, President Trump announcing new sanctions against north korea, essentially saying nations and entities have a choice. You can do business with america or do business with north korea but not both. The president also said that china has told its banks to stop doing business with north korea. Ray dalio is the founder and cochairman of Bridgewater Associates which, over the last 40 years, has become the Worlds Larges ....