Fed Leaves Rates Steady, Projects Fewer Cuts in 2024 Amid Slower Inflation The Federal Reserve announced it is keeping its key interest rate unchanged to combat high inflation, which, while easing, remains elevated. The economy continues to grow, with strong job gains and low unemployment. The Fed now forecasts only one rate cut in 2024, revising previous expectations of multiple cuts, as it aims to reduce consumer demand and control price growth. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Jamie Dimon's Inflation Alarm: High Rates and Economic Challenges Ahead READ MORE Gold Nears Record Close as Global Uncertainties Fuel Rally READ MORE Why Do Most Nations Use Fiat Money Today? READ MORE Inflation Debate Heats Up: Biden Targets Trump's Economic Plans READ MORE Equity Rally and Profit-Taking Lead to 1% Drop in Gold Prices READ MORE Add a Comment Cancel replyYour email address will not be published.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