Probability Of Fed Rate Cut In March 2024 India. Fed chair jerome powell hints at a policy shift, boosting global markets. The us federal reserve is set to cut its benchmark policy rate for the first time since march 2020, amid signs of economic slowdown and easing inflation.


Probability Of Fed Rate Cut In March 2024 India

The probability of a 50 bps move tripled and jumped to 43%, up from just 14% a day ago after the news, with aggregate cuts of 115 bps now expected over the. The march decision marks the fifth consecutive meeting at which the federal reserve (fed) has opted to hold interest rates steady.

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