The Federal Open Market Committee (FOMC) members and regional Fed presidents, maintained their expectations for interest rate cuts this year unchanged, a report by the Federal Reserve showed today, June 18.
Policymakers’ rate projections indicate two additional potential rate cuts of 25 basis points each over the course of next year. This aligns with their estimates presented in the latest Summary of Economic Projections released in March.
The Federal Open Market Committee (FOMC) members and regional Fed presidents, maintained their expectations for interest rate cuts this year unchanged, a report by the Federal Reserve showed today, June 18.
Policymakers’ rate projections indicate two additional potential rate cuts of 25 basis points each over the course of next year. This aligns with their estimates presented in the latest Summary of Economic Projections released in March.
