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 Nearly One-Third of American Families 'One Crisis Away' from Poverty READ MORE The Declining Yen: A Look into Its Battle Against the Dollar READ MORE Central Bankers Converge at Jackson Hole Amid Rate Cut Speculation READ MORE Silver's Surge: Catching Up to Gold with Strong Industrial Demand READ MORE Silver Surges: Anticipation of Rate Cuts Sparks 4% Price Jump in a Week READ MORE Add a Comment Cancel replyYour email address will not be published.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