Probability Of Fed Rate Cuts In 2024. Market expectations for a june rate cut spiked wednesday following the federal reserve's decision to hold interest rates steady and its nod to three rate cuts. Read more about the implications of the fed’s latest decision.
Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and. As the chart shows, the atlanta fed market probability tracker for march 2024 still gives an 80 per cent chance of a rate cut.
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