"Uncertainty Looms Over 2024 Fed Rate Cuts Amid Investor Doubts"
TL;DR Summary
Traders are now leaning towards two quarter-point interest-rate cuts from the Federal Reserve in 2024, with the likelihood of three cuts diminishing. Market expectations suggest around 60 basis points of US monetary easing this year, indicating that two cuts are the most probable outcome, with the first expected by September.
Topics:business#federal-reserve#financeeconomy#interest-rates#market-expectations#monetary-policy#traders
- Traders Lean Toward Two Quarter-Point Fed Rate Cuts in 2024 Bloomberg
- Doubts Creep In About a Fed Rate Cut This Year The Wall Street Journal
- 'They can't get it wrong again': Economists are increasingly uncertain about Fed rate cuts this year CNBC
- Investors lose hope of rapid US interest rate cuts this year Financial Times
- Interest rate 2024 outlook: More experts see no rate cuts as economy strong Business Insider
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