Fed Rate Cuts 2024 Reddit 2024 . It looks like with rate cuts may come increases in inflation and the fed may wind up being handcuffed on lowering rates at some point. The federal open market committee chose to lower its key overnight.
Washington (ap) — federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on wall street,. Rate cuts by the fed should, over time, lower borrowing costs for mortgages, auto loans and credit cards, boosting americans’ finances and supporting more spending and growth.
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