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FOMC Meeting Preview: June Interest Rate Cut Expected

时间:2024-03-22|浏览:225

FOMC meeting preview: Still expected to cut interest rates in June

Under Powell's guidance, the Fed is said to be gaining "greater confidence" in the economic outlook

However, Powell was prepared to keep open the possibility of a rate cut at the May meeting as early as possible, highlighting core PCE inflation falling below 3.0% as a key factor. "In-depth" discussions on balance sheet policy could lead to halving the limit on Treasury holdings starting in June to $30 billion per month, setting the stage for a rate cut in the same month

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