Fed Cut Interest Rates 2024

Fed Cut Interest Rates 2024. Us federal reserve officials have signalled that they expect to cut interest rates just once this year, taking a hawkish stance on inflation as they held borrowing. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone.

The federal reserve open market committee is expected to cut interest rates at least once during its four remaining meetings of 2024. Central bank on wednesday kicked off an anticipated series of interest.