Expected Fed Rate Cuts 2024 Olympics

Expected Fed Rate Cuts 2024 Olympics. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled. At the june fomc meeting, the fed left rates unchanged and lowered its guidance on interest rate cuts to just a single 25 basis points reduction in.

Economists expect rbi to maintain current repo rate of 6.5%. The fed on wednesday afternoon held rates steady as expected, but signaled that it now expects to cut rates just once in 2024 rather than the three times it.