From Editorji: 2024-06-10 08:34:43

The US Federal Reserve is expected to maintain interest rates this week, but may reduce projected cuts for the year due to conflicting economic data. Many analysts anticipate no rate cuts until at least September. This delay could widen the gap between the Fed and European Central Bank, which recently began easing monetary policy. Wells Fargo economists predict no change in the federal funds rate range of 5.25%-5.50% after the June 12 meeting.



Read more at Editorji: US Fed rate decision: Likely to remain on pause and pare back rate cut expectations