Fed Cuts by 50 Basis Points, to 5.0% Top of Range, Sees Additional 50 Basis Points in 2024, QT Continues
But the longer-run rate for its target rose to 2.9%, continuing the series of increases, slowly but steadily rising from the ashes of the ZIRP era.
https://wolfstreet.com/2024/09/18/fed-cuts-by-50-basis-points-to-5-0-top-of-range-sees-additional-cut-of-50-basis-points-in-2024-qt-continues/
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2024-09-18 18:53:17
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2024-09-18 18:53:17Event JSON
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