Projected Rate Cuts In 2024

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Projected Rate Cuts In 2024. “a rate cut could be on the table in the september meeting,” fed chair jerome powell said on wednesday, immediately. Fed officials expected to cut rates only once in 2024 but now the market is betting on 3 cuts this year.


Projected Rate Cuts In 2024

The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. The markets are still betting on more than a single rate cut in 2024, even though fed officials earlier this year projected just one rate cut later in the year.

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