Analysis
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FOMC decision and projections

Lower projected rates can support risk appetite; higher projected rates can reset valuations into Q4.

What it means

Fed projections show where officials think rates, inflation, unemployment, and growth may go.

Why markets care

Lower projected rates can support risk appetite; higher projected rates can reset valuations into Q4.

What to watch

Watch the dot plot, inflation forecasts, growth forecasts, and comments about future cuts or hikes.

Simple example

If the dot plot moves higher, markets may expect tighter policy and lower valuations.