Fed Rate Cut Expectations March 2024 Inflation. Fed officials still anticipate cutting rates three times this year. The fed's new policy statement described inflation as remaining elevated, and updated quarterly economic projections showed the personal consumption expenditures.


Fed Rate Cut Expectations March 2024 Inflation

The fed’s expected annual inflation rate for 2024 rose to 2.6 percent from 2.4 percent as core inflation was also adjusted upwards from 2.6 percent to 2.8 percent as. Those downward sloping lines have now reversed through the first quarter of 2024, with new consumer price index data for march showing headline inflation accelerated to a.

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