Fed 2024 Interest Rate
Fed 2024 Interest Rate. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s. Waller on friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening jobs picture.
Inflation likely eased in august, as fed marches toward interest rate cut. Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024.