Emergency Rate Cut 2024 Public

Emergency Rate Cut 2024 Public. The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024. As of may, inflation stands at 3.3%, falling.

Powell, the fed’s chair, said at a news conference that a rate cut “could be on the table” at its next meeting on sept. The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024.