The Weekly Bottom Line: Fed Projection Injects Markets With A Dose of Reality

U.S. Highlights Equity markets digested the possibility of a long and arduous economic recovery by pulling back this week. At the time of writing, the S&P 500 was down 4% from its close last Friday. The Fed’s updated economic projections played a role in the decline. Fed members expected the economy to contract by 6.5% […]
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