Expected Fed Rate Cuts 2024/23
After expecting as many as seven rate cuts for 2024, investors now only expect that the fed will cut borrowing costs once in 2024, bringing the fed funds rate. But price increases have been.
The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. The federal reserve on wednesday kept rates steady and signaled that inflation has improved more rapidly than expected, opening the door to rate cuts next year.