Fed Cut Rates 2024
Fed Cut Rates 2024. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more evidence that u.s. Fed policymakers projected on wednesday that they will lower borrowing costs to 4.6 percent by the end of 2024, down notably from their previous 5.1 percent estimate.
The fed needs to cut rates now. Fed sends clearest signals yet that it will soon cut interest rates us central bank pivots towards easing burden on borrowers amid clear signs the economy is cooling
