How Much Rate Cut Expected In 2024. — we are likely to have just one rate cut in 2024 for 0.25% based on the dot plot and all the fed discussions where members continuously reiterate that they need to see greater. Powell hinted at upcoming fed interest rate cuts due to easing inflation and a cooling job market.
— immediate rate cuts are more obviously appropriate in these economies, but softening us inflation and labor markets could still lead fomc members to revise their views. Federal reserve chairman jerome powell speaks at a news conference following a federal open market.
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