US Federal Reserve Reconsiders Rate Cut Projections for 2024 on Nostr: NY Fed President Williams: Rate Cut Path Depends on Data, US Economy Doing Well ...
NY Fed President Williams: Rate Cut Path Depends on Data, US Economy Doing Well
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#4b9dbae3 ver:1.26
NY Fed President Williams says the rate cut path depends on data and the US economy is doing well. Wall Street futures closed near a lifetime high on hopes of an early Fed pivot. Gold surged after the death of Iran's President. The Fed may start rate cuts from Sep'24 instead of Dec'24 or Mar'25. The market expects 3 to 1 rate cuts in 2024, but some Fed policymakers argue for lesser or no rate cuts. The Fed's decision to hold rates was a surprise, with projections of -25 bps rate cut in 2024 and higher cuts in 2025 and 2026. #Fed #RateCuts #Economy...
#newstr #NyFed #InterestRates #UsEconomy #Inflation #MonetaryPolicy
https://here.news/story/4b9dbae3?ver=1.26
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#4b9dbae3 ver:1.26
NY Fed President Williams says the rate cut path depends on data and the US economy is doing well. Wall Street futures closed near a lifetime high on hopes of an early Fed pivot. Gold surged after the death of Iran's President. The Fed may start rate cuts from Sep'24 instead of Dec'24 or Mar'25. The market expects 3 to 1 rate cuts in 2024, but some Fed policymakers argue for lesser or no rate cuts. The Fed's decision to hold rates was a surprise, with projections of -25 bps rate cut in 2024 and higher cuts in 2025 and 2026. #Fed #RateCuts #Economy...
#newstr #NyFed #InterestRates #UsEconomy #Inflation #MonetaryPolicy
https://here.news/story/4b9dbae3?ver=1.26