U.S. FED: modest rate cuts possible in 2024, eyes balance sheet
Edited By WION Video Desk
Published: Mar 16, 2024, 06:30 IST | Updated: Mar 16, 2024, 06:30 IST
The Federal Reserve is likely to maintain current interest rates this week, despite a recent uptick in inflation. Economists surveyed by Bloomberg News predict the first rate reduction will occur in June, potentially followed by two more cuts throughout 2024.
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