What the latest Fed projections mean for markets
Updated Federal Reserve projections offer a clearer view of the policy path ahead. We examine rate expectations, inflation risks and what changing discount rates could mean for US equity valuations.
Fed Funds
4.25–4.50%
10Y Treasury
4.28%
Core CPI
3.1%
Unemployment
4.1%
Updated Federal Reserve projections offer a clearer view of the policy path ahead. We examine rate expectations, inflation risks and what changing discount rates could mean for US equity valuations.
Longer-term Treasury yields continue to influence the valuation of growth and income-oriented equities. We examine the yield curve, term premium and recent auction demand.
Recent inflation data continues to shape expectations for monetary policy. We review core prices, shelter costs and services inflation while outlining the potential implications for markets.
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Federal funds target range and expectations for future policy changes.
4.25–4.50%
View Fed research →Employment conditions remain central to the US economic outlook.
4.1%
Read labor analysis →Balance sheet runoff remains an important liquidity indicator.
$25B
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