Us Fed Rate Cut 2024/23 . The federal reserve on wednesday kept rates steady and signaled that inflation has improved more rapidly than expected, opening the door to rate cuts next year. Thu, jun 20, 2024, 10:21 am.
The us federal reserve has signalled that it will cut its key interest rate just once this year despite inflation easing. Most notably, the updated dot plot showed that the median fed member expectation for the federal funds rate implies three 25 basis point [0.25%] interest rate cuts by the end of 2024.
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