Macro Update - Week 38, 2026
00%, its first hike since 2023. The vote was unanimous, the dot plot penciled in one more increase this year with 16 officials behind it, and the expected 2027 cut was removed.

00%, its first hike since 2023. The vote was unanimous, the dot plot penciled in one more increase this year with 16 officials behind it, and the expected 2027 cut was removed.
On Wednesday the Fed raised the funds rate by 25 basis points to 3.75% to 4.00%, its first hike since 2023. The vote was unanimous, the dot plot penciled in one more increase this year with 16 officials behind it, and the expected 2027 cut was removed. Chair Warsh said the committee had removed a dose of accommodation, repeated that the economy is stron…
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