🏛️❗*FED RAISES IOR 25 BPS TO 0.4%, DISCOUNT RATE INCREASED TO 0.5%

*FED FORECASTS RATES AT 2.8% END `24, LONG-RUN CUT TO 2.4%

*FED MEDIAN FORECAST SEES INFLATION AT 4.3% END 2022, 2.7% 2023