US Federal Reserve Keeps Interest Rates Unchanged, Eyes Three Cuts In 2024

US Federal Reserve Keeps Interest Rates Unchanged, Eyes Three Cuts In 2024 US Federal Reserve Chairman Jerome Powell has announced that the central bank will keep monetary policy rates unchanged, waiting for clearer signs of inflation decline before considering cuts. The Federal Reserve maintained interest rates at the range of to 5.5%. However, Powell suggested the they anticipate three rate cuts by the end of 2024. Powell also noted that recent high inflation figures haven't altered the ongoing trend of easing price pressures in the US. --- United States | Jerome Powell | Inflation | Firstpost | World News | Latest News | Global News | International News | Trending News #unitedstates #jeromepowell #inflation #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. @Firstpost Follow Firstpost on Instagram: Follow Firstpost on Facebook: Follow Firstpost on Twitter: Follow Firstpost on WhatsApp: