Fed Rate Cuts September 2024au

Fed Rate Cuts September 2024au. The australian sharemarket booked a fresh record high on thursday as investors celebrated the us fed’s “jumbo” rate cut. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit.


Fed Rate Cuts September 2024au

The medium and long term are clearly. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june,.

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