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Fed still looking at 3 rate cuts in 2024, but sees fewer next year
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Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in 2025 following a recent uptick in inflation.
Officials decided unanimously to leave the benchmark federal funds rate in a range of 5.25% to 5.5%, the highest since
Read more on investmentnews.comAbout this in other media
Bonds decline as traders weigh fewer Fed rate cuts investmentnews.com /8 months ago
Stocks rise as US inflation data still suggest rate cuts investmentnews.com /8 months ago
Gold rate today hits record high of $2,259 on US Fed rate cut buzz, geopolitical tension. Buy, sell or hold? livemint.com /8 months ago
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