The Federal Reserve announced a policy decision to cut interest rates by 0.25% on December 18. This decision was accompanied by Federal Open Market Committee member forecasts, which reflected expectations of fewer and slower additional Fed interest rate cuts through the end of 2025, 2026, and 2027 than the FOMC forecasted in September 2024.
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Fed Just Cut Interest Rates But Signaled Fewer And Slower Future Cuts
Posted on the 18 December 2024 by Phil's Stock World @philstockworld
By Jason Schenker, Forbes