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Fed Holds Charges Regular, Eyes Three Cuts in 2024: What the Specialists Are Saying

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The Federal Reserve made the extensively anticipated transfer of conserving interest rates unchanged when it wrapped up its often scheduled coverage assembly Wednesday. Equally necessary, the central financial institution continued to pencil in three quarter-point rate of interest cuts in 2024. 

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The Fed’s Federal Open Market Committee (FOMC) left the short-term federal funds price regular at a 23-year excessive of 5.25% to five.5%. However what market individuals actually need to know is when the Fed goes to start easing.