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The Fed has moved in 25-basis-point increments over the last year or so, indicating the central bank expects to cut interest rates one time in 2024. Read more: What the Fed rate decision means for ...
The Fed’s dot plot is a chart updated quarterly that records each Fed official’s projection for the central bank’s key short-term interest rate, the federal funds rate. The dots reflect what ...
Fed officials see the fed funds rate peaking at 4.6% in 2024, down from the Fed's previous September projection of 5.1%. That suggests the Fed will cut rates by 0.75% next year.
The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one. Federal Reserve holds interest rates steady, lowers forecast to 1 ...
The Federal Reserve is likely going to cut rates only twice this year, as inflation takes longer to slow than U.S. central bankers currently think, according to the 2024 interest rate forecast ...
The central bank slashed interest rates by a total of 100 basis points in 2024. In 2026, officials see two additional cuts, bringing the fed funds rate down to 3.4%.