What To Expect From The Fed's May Interest Rate Decision
Markets see no change in interest rates from the Fed on May 1. The question is when in 2024 rate cuts might come, but that will likely depend on incoming inflation data.
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Markets see no change in interest rates from the Fed on May 1. The question is when in 2024 rate cuts might come, but that will likely depend on incoming inflation data.
Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 117 points or 0.52 percent.
The Atlanta Fed said inflation is falling much more slowly than expected, so the Fed will probably not cut rates until the end of the year. | Economy
Federal Reserve Bank of Cleveland President Loretta Mester expressed her anticipation of rate cuts later this year, possibly starting at the June policy meeting, if economic conditions permit. She emphasized the importance of data and cautioned against premature easing, noting revised growth expectations and the possibility of higher unemployment rates.
The Job Openings and Labor Turnover Survey from the Labor Department on Tuesday showed there were 1.36 vacancies for every unemployed person in February, down from 1.43 in January