"Uncertainty Looms Over 2024 Fed Rate Cuts Amid Investor Doubts"

1 min read
Source: Bloomberg
"Uncertainty Looms Over 2024 Fed Rate Cuts Amid Investor Doubts"
Photo: Bloomberg
TL;DR

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.

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