FOR THE NEWS, AND LET'' S DO THAT RIGHT NOW. >> > > Reporter: THE FEDERAL BOOK RAISING INTEREST PRICES BY THREE-QUARTERS OF A PERCENT INDICATE A BRAND-NEW VARIETY OF 3.15%, THE HIGHEST RATE SINCE 2008. ONGOING RISES WILL CERTAINLY LIKELY BE APPROPRIATE IN THE FUNDS PRICE AS WELL AS THEY SAY INFLATION REMAINS RAISED IT'' S SHARPLY RAISED. THE AVERAGE PROJECTIONS OF A FEDERAL BOOK VISUAL GREATLY RAISING THE OUTLOOK FOR THE FUNDS PRICES FOR THIS YEAR TO 4.4% FROM 3.4%, SO A FULL PORTION POINT BY THE MEANS, THAT IS A LITTLE GREATER THAN THE MARKET WAS GOING INTO THIS CONFERENCE BELOW FOR 2023, THE TYPICAL PROJECTION IS FOR 4.6% FUNDS RATE, AGAIN, A BIT HIGHER ON THE HEIGHT PRICE THAN WHERE THE MARKET WAS AND ALSO THAT WAS FROM 3/8 THE MEAN FORECAST IS 3.9 FROM 3.4.
ACTION PARTICIPANT DO SEE A NUMBER BELOW THE 3.1 LEVEL SO IF YOU INTENDED TO THINK ABOUT THE FEDERAL RESERVE CUTTING FEES, THAT LOOKS LIKE IT WILL CERTAINLY OCCUR AT SOME POINT IN 2024 ACQUIRING PULL BACK TO THE NEW NUMBER WE HAVE OF 2025 AND ALSO THAT IS 3.9% A GREATLY LOWER GDP OUTLOOK, 0.2% FORECAST FOR THIS YEAR, DOWN FROM 1.7, 1.2% FOR 2023 DOWN FROM 1.2 AND AFTERWARDS PROGRESSIVELY THE FED SEES THE ECONOMY, FINANCIAL DEVELOPMENT RETURNING IN THE DIRECTION OF THE FAD OF 1.8%. A BIG BUT NOT TREMENDOUS BOOST ON THE UNEMPLOYMENT OUTLOOK. 4.4 FOR 2023 FROM 3.9 SO ALMOST A PORTION POINT OR EVEN MORE HIGHER THAN THE LOW PRICE OF 3.5, REGARDING A PORTION POINT INFLATION NEAREST THE TARGET OF 2.3 NOT IS 2024 AS WELL AS HITS TARGET OF 2% IN 2025.
RETURNING TO THE STATEMENT, VERY MUCH A COOKIE CUTTER STATEMENT FROM THE JULY PHRASING EXPRESSION THAT MODEST GROWTH AND ALSO COSTS SAID IT WAS SOFT ANYTHING AND ALSO CURRENTLY MODERATE GROWTH, CONTINUE TO SEE DURABLE TASK GAINS AS WELL AS RAISED SUPPLY/DEMAND AND ALSO HIGHER FOOD AND ENERGY PRICES THE CHOICE WAS CONSENTANEOUS WITH I BELIEV.
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