Powell, colleagues send clear message on rates: ‘Higher for longer’

📆 9/20/2023 9:21 PM
📰 MarketWatch

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The Fed sent a clear message that interest rate policy was expected to be “higher for longer” by cutting their forecast for rate cuts in 2024 from four to two. Read more:

Sep 20, 2023 at 2:15 pm ET Follow along to MarketWatch's full coverage of the Federal Reserve interest-rate decision, dot plot, and Jerome Powell press conference.

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