Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: US Federal Reserve Holds Interest Rates, Lowers Expectations for Rate Cuts ...
US Federal Reserve Holds Interest Rates, Lowers Expectations for Rate Cuts
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#36b7da54 ver:0.69
The US Federal Reserve has decided to hold interest rates steady and lowered expectations for rate cuts. The central bank now expects only one rate cut this year, down from the three expected in March. The Fed's decision reflects caution about cutting rates too soon, despite a slowdown in inflation. Analysts believe the Fed may need to backtrack and expect two rate cuts this year. The Fed aims to bring inflation under 2%. Mortgage companies can expect rates to remain higher for longer. #FederalReserve #InterestRates #RateCuts...
#newstr #UsFederalReserve #InterestRates #RateCut #Inflation #EconomicForecasts
https://here.news/story/36b7da54?ver=0.69
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#36b7da54 ver:0.69
The US Federal Reserve has decided to hold interest rates steady and lowered expectations for rate cuts. The central bank now expects only one rate cut this year, down from the three expected in March. The Fed's decision reflects caution about cutting rates too soon, despite a slowdown in inflation. Analysts believe the Fed may need to backtrack and expect two rate cuts this year. The Fed aims to bring inflation under 2%. Mortgage companies can expect rates to remain higher for longer. #FederalReserve #InterestRates #RateCuts...
#newstr #UsFederalReserve #InterestRates #RateCut #Inflation #EconomicForecasts
https://here.news/story/36b7da54?ver=0.69