Uncertain Federal Reserve Due To Europe's Energy Crisis & China's Real Estate Debt

The Fed Dot Plot indicates a dispersion. "Federal Reserve economic projections indicate that interest rates need to rise faster and unemployment along with inflation will be higher. Also, the Fed seems to be uncertain about future forecasts as Europe is going through a massive energy crisis and China is dealing with the Covid-19 crisis and real estate debt. Therefore, Jerome Powell has been wise in limiting future guidance," says John Leer.

Market On Close

21 Sep 2022

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