Us Fed Rate Cut 2024 Olympics. Eur/usd struggles to extend its upside above 1.1200 as the ecb is expected to cut interest rates again in september. Exhilarated by these new foretellings, investors sent markets soaring,.
At the june fomc meeting, the fed left rates unchanged and lowered its guidance on interest rate cuts to just a single 25 basis points reduction in 2024 (although many on the committee did think two cuts are still a possibility). How many rate cuts are expected in 2024?