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Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday (Jun 12) and pushed out the start of rate cuts to perhaps as late as December as policymakers sketched out their view of an economy that remains virtually unchanged across its major dimensions for years to come. With growth and unemplo

US central bank sees only one interest rate cut in 2024

Policymakers were content to leave interest rates where they are until the economy sends a clear signal something.

US central bank sees only one interest rate cut in 2024

Policymakers were content to leave interest rates where they are until the economy sends a clear signal something.

Federal Reserve expected to hold rates, may lower rate cut expectations for 2024

Markets today: Treasury yields surge as jobs spark rethink on U.S. Fed