Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%

The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.

source https://www.cnbc.com/2023/12/13/fed-lowers-inflation-forecast-for-2024-seeing-core-pce-falling-to-2point4percent.html

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THE NEWYORK TIMES

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THE NEWYORK TIMES

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Jeffrey Gundlach says all the 'Goldilocks' talk makes him nervous, thinks recession is still likely

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a "Goldilocks" scenario benefiting risk assets. source https://www.cnbc.com/2024/01/31/gundlach-says-goldilocks-talk-makes-him-nervous-sees-likely-recession.html

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Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%

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Jeffrey Gundlach says all the 'Goldilocks' talk makes him nervous, thinks recession is still likely