1418 ET - The Fed updated its forecast for GDP growth to 2.4% in 2026 from 2.3% in the December projection, according to the Fed's Summary of Economic Projections. Meanwhile, the Fed sees PCE inflation ticking up to 2.7% from December's 2.4%. Core PCE inflation also ticked up at 2.7% from December's 2.5%. (jessica.coacci@wsj.com; @jessica_coacci)
(END) Dow Jones Newswires
March 18, 2026 14:18 ET (18:18 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.