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Mar. 20, 2024: Fed holds rates steady and maintains three cuts coming sometime this year.

  • Andrew Belcher
  • Apr 2, 2024
  • 1 min read

As expected the Federal Reserve kept interest rates unchanged at their March meeting with Jerome Powell saying in his press conference that “it will likely be appropriate to begin dialing back policy restraint at some time this year” The Fed’s dot plot matrix indicates that 3 cuts are expected later this year with the first cut likely in June.


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