US Fed keeps key interest rate unchanged, foresees three rate cuts in 2024

The relatively few number of rate cuts forecast for 2024 suggest that the officials think high borrowing rates will still be needed for most of next year to further slow spending and inflation.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/us-fed-keeps-key-interest-rate-unchanged-foresees-three-rate-cuts2024_17369131.html
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