Federal Reserve Signals Just One Rate Cut in 2024, Adjusts Rate Forecasts for 2025
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#36b7da54 ver:0.77

The US Federal Reserve announced that it will maintain its benchmark interest rate at 5.25-5.5% and expects only one rate cut in 2024, down from the three projected in March. The Fed also adjusted its rate forecasts for 2025, now anticipating four cuts. Despite recent inflation easing, the Fed does not yet have confidence to cut rates and will keep interest rates elevated to achieve its 2% inflation target. The decision was in line with market expectations. #FederalReserve #InterestRates #Inflation...

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 https://here.news/story/36b7da54?ver=0.77