Will The Fed Cut Interest Rates In 2024
Will The Fed Cut Interest Rates In 2024 . The fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday.
The remaining fed meetings planned for 2024. And the unemployment rate was actually lower in.
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