Page 6 - Fed Cut News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inflation report seen as critical to allowing the Fed to lower rates in 2024.

Despite hotter-than-expected hiring gains, Fed rate cuts remain on the table for 2024.

Expectations for Fed rate cuts could ride on the ‘dot plot’ and Powell’s outlook.

The rise in bond yields is only adding to the debate around the Fed’s next moves.

A0 years in december, with inflation hitting 7% year—on—year. that is well north of policymakers' 2% target. at the beginning of the pandemic, the us fed cut interest rates to almost zero in a bid to protect the economy from the effects of coronavirus, and they've stayed there ever since. fed chiefjerome powell has pledged to keep inflation in check by raising interest rates and could confirm this week that the first of those will come in march. joining me now to discuss is thomas hoenig, seniorfellow at the mercatus center. he was also president and ceo of the federal reserve bank of kans...