US central bank anticipates three rate cuts in 2019, says Goolsbee
Monday, 25 March 2024, 14:56
Fed's Projections and Goolsbee's Insights
At a recent meeting, the U.S. central bank disclosed plans for three rate cuts this year. Economist Goolsbee, aligning with the median estimate, discussed the potential impact on monetary policies. Market analysts await further signals on the timing of interest rate adjustments.
The Central Bank's Stance
- The benchmark overnight lending rate maintained at 5.25%-5.5%
- Median projection points to three rate cuts in 2019
- Considerations on housing inflation continue to shape decisions
With emerging concerns in economic stability, anticipated rate cuts could prompt significant movement in financial markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.