BREAKING: Fed leaves rates and 2024 median dot-plot unchanged

FOMC announce monetary policy decision today at 6:00 pm GMT. Fed funds rate was left unchanged in the 5.25-5.50% range, in-line with market expectations. Policy statement was unchanged compared to the previous one. New set of economic projections pointed to a higher GDP growth this and next year compared to December projections as well as higher core PCE inflation projections for this year. New dot-plot showed median expectations unchanged for this year at 4.60% (3 cuts), while median for 2025 was revised higher from 3.60% to 3.90% (also 3 cuts from end-2024 levels).

While new 2024 median rate expectations was unchanged compared to December projections, the distribution of votes changed. Only one Fed member sees more than 75 basis points of easing this year., while in December 5 members expected it.

Source: Federal Reserve

6 November 2026, 7:12 PM

Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall

6 November 2026, 1:31 PM

BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge

6 November 2026, 12:10 PM

EURUSD loses ground ahead of NFP

5 November 2026, 12:00 PM

BREAKING: BoE raises interest rates by 25pbs to 4%⏰

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