BREAKING: The Fed makes multip

BREAKING: The Fed makes multiple revisions to their 2025 economic data projections.

1. Cuts 2025 GDP growth projection from 2.1% to 1.7%

2. Raises unemployment forecast from 4.3% to 4.4%

3. Raises PCE inflation forecast from 2.5% to 2.7%

4. Raises Core PCE inflation forecast from 2.5% to 2.8%

The Fed sees higher inflation and a weaker economy.

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