"2024 Fed Forecast: Will Investors See Three Rate Cuts or a Shift in Stance?"

Investors are eagerly awaiting the Federal Reserve's policy decision and the updated "dot plot" to see if the central bank still expects three interest rate cuts in 2024, following recent inflation concerns. Fed Chair Jay Powell and colleagues have emphasized the need for sustainable inflation before considering cuts. Additionally, investors are keen to hear about the Fed's plans to slow the shrinking of its balance sheet, a policy tool used to tighten financial conditions, amid fears of market upheaval.