Fed’s Rate-Cut Delay Means for US and the World
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The US Federal Reserve had anticipated a rate-cut bonanza in 2024, but due to higher-than-expected price inflation, those expectations are fading. Fed Chair confirmed that policymakers would delay rate cuts following high inflation readings. Traders now expect only one or two rate cuts this year, compared to the six expected at the beginning of the year. Some investors and economists believe there may be no rate cuts at all this year.



https://www.bloomberg.com/news/articles/2024-04-19/fed-s-rate-cut-delay-explained-what-it-means-for-us-and-world