The Fed left rates unchanged, but the inflation forecast moved sharply higher.


The median PCE inflation forecast for 2026 was raised to 3.6% from 2.7%.
Core PCE was lifted to 3.3%, also from 2.7% in March.
That is the hawkish pause: no rate move, but a much tougher signal for risk assets.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned