Followers

Wednesday, December 13, 2023

US Federal Reserve likely to leave rates unchanged, signal drop in 2024

The US Federal Reserve is expected to keep interest rates unchanged but signal a gradual shift towards monetary policy easing. Quarterly economic projections will likely include rate cuts by the end of next year. Fed Chief Jerome Powell will emphasize that any rate cuts are contingent on further improvement in inflation. Recent data on producer prices suggests inflation is dropping faster than expected. The Fed meeting will provide views on inflation, unemployment, and GDP in the coming years.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/St02QUE

No comments:

Post a Comment

Report: 93% Indian executives see rise in cyber budget next year

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...