Fed Interest Rates 2024 Predictions June. Analysts at major banks changed their forecasts for the timing of interest rate cuts after. Fomc officials raised their expected unemployment rate this year to 4.4%, from the 4% projection at the last update in june, and lowered the inflation outlook to.


Fed Interest Rates 2024 Predictions June

A lackluster jobs report in august shifted fed expectations and caused yields and mortgage rates to fall. As of the summary of economic projections on june 12, most policymakers anticipated one or two interest rate cuts in 2024.

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