When Will The Fed Cut Rates 2024

When Will The Fed Cut Rates 2024. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been. Instead, you'll most likely need to wait until the fed's june 12 meeting to see the first rate cut, according to economists polled by factset.


When Will The Fed Cut Rates 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 july 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target and position the fed to cut interest rates in.

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