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US Federal Reserve Reconsiders Rate Cut Projections for 2024 /
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2024-06-14 08:00:17

US Federal Reserve Reconsiders Rate Cut Projections for 2024 on Nostr: USD Surges as Federal Reserve Holds Interest Rates, Wall Street Remains Flat ...

USD Surges as Federal Reserve Holds Interest Rates, Wall Street Remains Flat
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#4b9dbae3 ver:1.25

The US dollar surges as the Federal Reserve holds interest rates, signaling a less hawkish stance than expected. Wall Street remains flat. The Fed plans for rate cuts in 2024, with higher cuts in 2025 and 2026. The decision to hold rates was unexpected, with the market anticipating a larger rate cut. The US economy shows solid growth, but inflation remains elevated. The Fed aims for maximum employment and 2% inflation. Wall Street futures and gold initially rise but later stumble. The market will monitor economic data for any adjustments to the federal funds rate. #USD #FederalReserve #WallStreet #interestrates...

#newstr #Usd #FederalReserve #WallStreet #InterestRates #Inflation

https://here.news/story/4b9dbae3?ver=1.25
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