Expected Fed Rate Cuts 2024

Expected Fed Rate Cuts 2024. The personal consumption expenditures price index, which the fed uses for its 2% target rate, was 2.5% for the year ended in july, unchanged from june. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by.


Expected Fed Rate Cuts 2024

The federal reserve open market committee is expected to cut interest rates at least once during its four remaining meetings of 2024. Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024.

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