Fed Will Cut Rates In June 2024

Fed Will Cut Rates In June 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. Federal reserve will cut the federal funds rate in june, according to a slim majority of economists polled by reuters, who also said the.

Namely, that multiple rate cuts are in store for 2024,” said curt long, chief economist at. Market expectations for a june rate cut spiked wednesday following the federal reserve’s decision to hold interest rates steady and its nod to three rate cuts.