What is the median dot for the end of 2023 according to the text?
Fed Hikes Rates Another 50 Basis Points
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The video discusses the Federal Reserve's interest rate projections, indicating a rise to 5.1% by the end of 2023, with potential further increases. Rates are expected to decrease in 2024 and 2025. Economic growth is forecasted to be modest, with concerns about a potential recession. Inflation and unemployment rates are projected to remain elevated. The Fed's decision was unanimous, reflecting a more hawkish stance than anticipated.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the expected GDP growth for 2023 as mentioned in the text?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the text say about the unemployment rate for next year?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the Fed's outlook on inflation compare to their previous forecast?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the forecasted inflation rate by the end of next year?
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