Fed Seen Sticking With Three 2024 Cuts Despite Higher Inflation Growth and inflation projections may edge higher this month Economists expect tapering of balance sheet to start mid-year A recent pickup in inflation isn’t likely to shift Federal Reserve policymakers’ forecasts for three interest-rate cuts this year and four in 2025, according to economists surveyed by Bloomberg News. The Federal Open Market Committee will keep rates steady in the 5.25% to 5.5% range for a fifth consecutive meeting next week, with policymakers reducing rates for the first time in June, economists say. A solid majority of survey respondents see Fed officials penciling in three or more cuts in 2024, while more than a third expect two or fewer. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Tread Water as Market Anticipates US InflationInsights READ MORE Why I Took Physical Delivery of My Tesla Stock Certificates READ MORE Latest Inflation Data Shows Fed Has More Work to Do READ MORE March jobs data points to ongoing ‘resistance from wages’ READ MORE Ron Paul Urges End to Fed, Don't Tax the Rich READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment