Market Commentary: Stocks and Bonds Rally as Fed Recognizes Progress on Inflation
Carson Wealth
DECEMBER 18, 2023
In their updated “ Summary of Economic Projections ,” they revised their estimates of core inflation for 2023 down from 3.7% Markets were off to the races after the Fed released its statement and economic projections. Lower interest rates can have significant positive effects on the economy, including on mortgage rates.
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