The MacroTourist

The MacroTourist

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The MacroTourist
The MacroTourist
ACCEPTING HIGHER FOR LONGER
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ACCEPTING HIGHER FOR LONGER

The 'tourist walks through why this FOMC meeting was an important one

Sep 21, 2023
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The MacroTourist
The MacroTourist
ACCEPTING HIGHER FOR LONGER
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Summary: The FOMC is still hiking by 12.5 basis points per meeting, but in addition, the 2024 Dot Plots are the catalyst for the “higher for longer” concept finally being accepted by both the Fed, and increasingly, the markets.

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