The Fed Just SHOCKED the Economy

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Federal Reserve 2023 Highlights: Fed holds rates but indicates potential hike by year-end; GDP growth projection raised to 2.1% for 2023; bond holdings reduction leads to $815 billion balance sheet cut since June 2022; current fed funds rate at 5.25%-5.5%, highest in two decades; market reaction sees S&P 500 down 1%, Nasdaq drops 1.5%; Jerome Powell calls for more anti-inflation actions; "dot plot" forecasts one more 2023 increase, two 2024 cuts, long-term 2025 rate at 3.9%; FOMC sees 2.9% funds rate for 2026. #inflation #federalreserve #InterestRates #EconomicGrowth #FedPolicy #GDP #MarketReactions

Timestamps:
Why the Fed Broke the Markets 0:00
What Can I Do? 14:07

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Sources Used in This Video:
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