Fed Increase Interest Rate 2024
Fed Increase Interest Rate 2024. In the fed’s latest economic projections from march, the median forecast for 2024 assumed three rate cuts, even as the fed’s preferred inflation gauge retreated to. In 2022, the federal reserve began its latest monetary tightening cycle.
The federal reserve announced at its may 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at. The first interest rate cut may come in september and up to three cuts are possible in 2024.
