Fed-funds futures traders continued to coalesce around the view that the Federal Reserve will deliver two quarter-point rate cuts this year, but this may not last. According to senior U.S. strategist ...
This series of cuts brought the benchmark rate to between 4.25% and 4.50%. Economists widely expect that the Fed will keep rates unchanged when it meets on January 28 and 29. Beyond January ...
The Fed wrapped up 2024 with three ratecuts in total. The central bank started with a bigger half-point cut in September, then made smaller quarter-point cuts in both November and December.