Fed's Collins: My baseline for rate cuts this year is 'similar' to the 75 bps in the SEP

  • Collins says her forecast is similar to the median
dot plot fomc

It's not a surprise she would say that because the dot plot shows just one dot that's not 'similar' to the Fed median. The lone outlier is in the 3.75-4.00% range and my guess is that it's Goolsbee.

There will be a new set of forecasts in March and right now it looks like the risks are to the upside.

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