The Fed’s Summary of Economic Projections (SEP) sheds light on the central bank’s expectations for economic growth, inflation, employment, and interest rates. In this article, I would like to share what is SEP, how significance is it?, how it is being used by the Fed and market participants and its limitations. What is the Summary of Economic Projections (SEP)? The Summary of Economic Projections is a quarterly report published by the Federal Reserve, which is available on their website as a PDF document. It compiles the economic forecasts of the members of the Federal Open Market Committee (FOMC), the panel responsible for setting U.S. monetary policy. The SEP includes projections for key economic indicators such as GDP growth, unemployment rate, inflation, and the expected path of the fe
Click to vote. Can you predict where Alibaba will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Alibaba(BABA)$ $Alibaba(09988)$Alibaba Group will report its March quarter earnings and full fiscal Year 2023 results on 18 May 2023 before the market opens. Lets's guess where Alibaba will move following their earnings?Alibaba Q2 earnings consensusAccording to the consensus forecast for the upcoming quarter, Alibaba is expected to report Earnings per share (EPS) of ¥9.45, representing a 55% increase from the previous quarter.Meanwhile, revenue is anticipated to reach ¥209.29 billion (bn), a 4.4% improvement year-over-year (YoY). In the