Will The Fed Cut Interest Rates In July 2024 Mumbai
Will The Fed Cut Interest Rates In July 2024 Mumbai. The federal reserve is widely expected to cut its benchmark interest rate when it meets wednesday. The july 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target and position the fed to cut interest rates in.
The fed finally cut interest rates. Generally, when inflation is high, the fed increases interest rates to reduce consumer spending and borrowing, thereby slowing down the economy and, as a result,.
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