Rate Watch: Will the Fed Cut Rates in 2024?
The Federal Reserve Board's recent decision to keep policy rates unchanged at their latest meeting has stirred speculation about the possibility of future rate cuts in 2024. Investors are closely monitoring the situation, particularly as board members projected up to three rate cuts this year. Looking for Future Rate Cuts Before the January meeting, the consensus among investors was divided on whether the first cut would occur at the March meeting. The December projections suggested potential adjustments to the rates, keeping the financial market on edge. The Federal Reserve's guidance, as always, hinges on incoming economic data. However,...
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