Fed Officials Dial Back Rate Forecasts, Signal Just One ‘24 Cut

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Federal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation.

Fed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutPeso Gets Crushed as Investors Worry Sheinbaum’s Win Was Too BigG-7 Leaders to Agree to Tap Frozen Russian Assets, France SaysThe Fed’s New Dot Plot After Its May Policy Meeting: ChartTech Firms Ask NextEra for Enough Electricity to Power Entire CitiesTwo Interest-Rate Cuts in 2024 Are ‘Very Likely’ After CPI, Carlyle’s Thomas SaysNigeria Running Out of Tomatoes Poses Fresh Risks to InflationWhat the Bank of Canada rate cut means...

inflation broadly cools in encouraging sign for Fed officialsMore groundwork needed to maintain Canada-U.S. relations, summit hearsThe Daily Chase: U.S. business groups push back on Canada's proposed digital services taxThe Daily Chase: Contentious capital gains tax plan set to go to a voteCanada's jobless rate rises to 6.

 

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U.S. Fed officials dial back rate forecasts, signal just one '24 cutFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation.
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Here’s What We Learned From Fed’s Decision to Dial Back Interest-Rate ForecastsHere are key takeaways from the Federal Reserve’s interest-rate decision and economic forecasts on Wednesday:
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U.S. inflation broadly cools in encouraging sign for Fed officialsA key measure of underlying U.S. inflation stepped down for a second month in May, a pleasant surprise for U.S. Federal Reserve officials looking for signs that they can start to lower interest rates.
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US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsA key measure of underlying US inflation stepped down for a second month in May, a pleasant surprise for Federal Reserve officials looking for signs that they can start to lower interest rates.
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