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 Fed's Rate Cut Dilemma: Market Braces for Potential Shock READ MORE A Close Above $2,078/oz Sets a Record High Closing Price for Gold READ MORE Record-Breaking Value: Paris Olympic Gold Medals Worth $900 READ MORE The Day the Hunt Brothers Capped the Price of Gold (Part I) READ MORE Sprott Assures Minimal Market Effect from New Copper Fund READ MORE Add a Comment Cancel replyYour email address will not be published.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