Democratizing Alternative Investments
By Ellen Hazen, CFA®, Chief Market Strategist June Takeaways: The Federal Reserve (“Fed”) increased its estimates of inflation, unemployment, and the longer-term Federal Funds rate, while keeping short-term rates at 5.25%-5.50%. The Fed’s quarterly Statement of Economic Projections showed an increase in participants’ expectations for 2025 Personal Consumption Expenditure Index (PCE) from 2.2% to 2.3%, […]