Fed Rate Cut September 2024au

Fed Rate Cut September 2024au. James thomson and jonathan shapiro. A warmer reading on inflation keeps the federal reserve on pace for gradual interest rate cuts.


Fed Rate Cut September 2024au

Five of the nine central banks overseeing the 10 most heavily traded currencies that held meetings in september lowered benchmarks. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday.

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