Will The Fed Cut Rates In 2024. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo. Federal reserve cuts rates by 50 basis points.
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 federal reserve is widely expected to cut its benchmark interest rate when it meets wednesday.
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