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Federal Reserve still foresees rate cuts this year

Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year. Yet they foresee fewer rate cuts in 2025, and they slightly raised their inflation forecasts.

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Unique identifier: CP170256958

Legacy Identifier: 801a3f0e8e0043e99358247ecbb86453

Type: Video

Duration: 1m35s

Dimensions: 1920px × 1080px 116.36 MB

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Create Date: 3/20/2024 8:45:36 PM

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