Federal Reserve Holds Interest Rates Steady But Signals Cuts Ahead in 2024
December 13, 2023
December 13, 2023
TRENTON, New Jersey, Dec. 13 -- The New Jersey Business and Industry Association posted the following news:
The Federal Reserve Board on Wednesday decided for the third consecutive time to maintain interest rates at their current 22-year high but opened the door to the possibility of three future interest rate cuts, starting in 2024.
"Our restrictive stance on monetary policy is putting downward pressure on economic activity and inflation," Federal Reserve Ch . . .
The Federal Reserve Board on Wednesday decided for the third consecutive time to maintain interest rates at their current 22-year high but opened the door to the possibility of three future interest rate cuts, starting in 2024.
"Our restrictive stance on monetary policy is putting downward pressure on economic activity and inflation," Federal Reserve Ch . . .