How Many Fed Rate Cuts In 2024 Lok. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and continuing at that level in. For the fed, the immediate question will be whether it still makes sense to lower interest rates in december, the central bank’s next gathering and the final meeting of 2024.
Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit equity markets more. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and continuing at that level in.
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