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

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.

This article was written by Adam Button at www.forexlive.com. Source