Capital Economics: Most central banks will cut interest rates in 2024, with the Federal Reserve cutting rates particularly aggressively
Capital Economics predicts that most central banks will cut interest rates in 2024, with the Federal Reserve expected to make particularly significant cuts. Starting from March next year, it is highly likely that the Fed will lower interest rates by 25 basis points at each meeting. By early 2025, the target range for the federal funds rate will ultimately stabilize at 3.00-3.25%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Dogecoin ETF Closure Sets October Exit for Bitwise BWOW Holders
Crypto prices
More
