Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown on Nostr: US Federal Reserve Holds Rates Steady, Expects Only One Rate Cut in 2024 Despite ...
US Federal Reserve Holds Rates Steady, Expects Only One Rate Cut in 2024 Despite Cooling Inflation
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#b4a637a9 ver:1.33
The US Federal Reserve keeps interest rates steady at 5.5% and expects only one rate cut in 2024 despite cooling inflation. The decision reflects a more cautious approach due to higher-than-expected inflation. The Fed projects a gradual decline in the benchmark rate, with disagreements within the committee. Economic growth projections remain unchanged, with GDP expected to grow by 2.1% in 2024. The Fed aims to balance containing inflation and maintaining economic growth. #FederalReserve #InterestRates #Inflation #EconomicGrowth...
#newstr #UsFederalReserve #InterestRates #Inflation #FederalOpenMarketCommittee #JeromePowell #Citi #NathanSheets
https://here.news/story/b4a637a9?ver=1.33Published at
2024-06-13 09:55:12Event JSON
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"content": "US Federal Reserve Holds Rates Steady, Expects Only One Rate Cut in 2024 Despite Cooling Inflation\n===============\t\n#b4a637a9 ver:1.33\n\nThe US Federal Reserve keeps interest rates steady at 5.5% and expects only one rate cut in 2024 despite cooling inflation. The decision reflects a more cautious approach due to higher-than-expected inflation. The Fed projects a gradual decline in the benchmark rate, with disagreements within the committee. Economic growth projections remain unchanged, with GDP expected to grow by 2.1% in 2024. The Fed aims to balance containing inflation and maintaining economic growth. #FederalReserve #InterestRates #Inflation #EconomicGrowth...\n\n#newstr #UsFederalReserve #InterestRates #Inflation #FederalOpenMarketCommittee #JeromePowell #Citi #NathanSheets \n\n https://here.news/story/b4a637a9?ver=1.33",
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