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Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy /
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2024-06-09 21:02:57

Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: Federal Reserve Holds Interest Rates Steady, May Lower Rate Cut Expectations for 2024 ...

Federal Reserve Holds Interest Rates Steady, May Lower Rate Cut Expectations for 2024
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#36b7da54 ver:0.55

The Federal Reserve is expected to hold interest rates steady, but may lower rate cut expectations for 2024. Citibank predicts the first rate cut to occur between July and September, with a total of 75 basis points in cuts for the year. Analysts anticipate the Fed to reduce the number of cuts they expect this year from three to two. A September start to rate cuts is likely, which could impact the presidential campaign. The Fed's 'dot plot' and Chair Powell's press conference will provide further insight. #FederalReserve #InterestRates #RateCuts...

#newstr #FederalReserve #InterestRates #RateCuts #Inflation #EconomicProjections #JeromePowell

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