Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: US Federal Reserve Maintains Key Rates at 23-Year High, Expects Single Rate Cut in ...
US Federal Reserve Maintains Key Rates at 23-Year High, Expects Single Rate Cut in 2024
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#36b7da54 ver:0.75
The US Federal Reserve keeps key rates at a 23-year high, with a single rate cut expected in 2024. The decision aligns with market expectations. The Fed aims to maintain rates until inflation consistently reaches its target range. Despite falling inflation, the Fed wants more confidence before reducing rates. The central bank also slightly raised core inflation forecasts for this year. The Fed's rate hikes have lowered inflation but made borrowing costlier. The dot plot shows a median year-end projection of 5.13% for the federal funds rate. The Fed will also scale back balance sheet shrinkage. Stocks hit all-time highs despite expectations of rate cuts. #FederalReserve #InterestRates #Inflation #Economy...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicOutlook
https://here.news/story/36b7da54?ver=0.75
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#36b7da54 ver:0.75
The US Federal Reserve keeps key rates at a 23-year high, with a single rate cut expected in 2024. The decision aligns with market expectations. The Fed aims to maintain rates until inflation consistently reaches its target range. Despite falling inflation, the Fed wants more confidence before reducing rates. The central bank also slightly raised core inflation forecasts for this year. The Fed's rate hikes have lowered inflation but made borrowing costlier. The dot plot shows a median year-end projection of 5.13% for the federal funds rate. The Fed will also scale back balance sheet shrinkage. Stocks hit all-time highs despite expectations of rate cuts. #FederalReserve #InterestRates #Inflation #Economy...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicOutlook
https://here.news/story/36b7da54?ver=0.75