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The Federal Reserve keeps interest rates unchanged, with three rate cuts可能在年内发生

2024-03-21 09:24:19

ChainCatcher message, according to Bloomberg, the Federal Reserve concluded its two-day monetary policy meeting on the 20th and announced that it would maintain the federal funds rate target range at 5.25% to 5.5%.

Based on economic outlook expectations, 9 of the 19 Federal Open Market Committee members believe that the federal funds rate could drop to between 4.5% and 4.75% by the end of the year. This means that, at a pace of 25 basis points per rate cut, the Fed may implement three rate cuts this year, consistent with the forecast made last December.

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