Will Fed Cut Rates In 2024 March . The federal open market committee (fomc) announced on march 20 that it would maintain its policy rate in a range of 5.25% to 5.5%. Fixed income markets expect the u.s.
Earlier in the year, most economists pegged the first rate cut of 2024 for the fed’s march 20 meeting. On wednesday, the federal open market committee announced it would be cutting interest rates by 50 basis points.
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