Fed Cuts Expected: Rate Reduction Predictions for September 18 and 2024
Tuesday, 10 September 2024, 15:04
Fed Rate Cuts on the Horizon
The Federal Reserve is set to cut rates by 25 basis points on September 18, according to a recent Reuters poll. Analysts predict two additional reductions in 2024, marking a significant shift in monetary policy.
Market Implications and Forecasts
- Anticipated Rate Change: 25 basis points cut.
- Future Cuts: Expect two more rate reductions in 2024.
- Economic Indicators: Analysts expect market shifts due to this decision.
These cuts could impact various sectors, prompting investors to reassess their strategies in light of the shifting rates.
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.