Us Fed Rate Cut 2024/2024

Us Fed Rate Cut 2024/2024. Markets may also be overestimating the number of fed rate cuts in 2024. Policy easing hinges on more progress.


Us Fed Rate Cut 2024/2024

The federal reserve (fed) announced at its january 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%. The data released on friday showed that average hourly earnings, a measure of wage growth, rose 4.1 percent in may from a year earlier.

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