MARKET DAILY

Market 12/13: FED officially ends rate hike cycle

How many rate cuts for 2024 is the question the market is asking?

Dan Khuong Linh
Dan Khuong Linh

FED officially ends rate cycle in today's meeting with all FOMC members agreeing that end-of-2024 interest rates will be lower than current levels. Accordingly, the vote on rate cuts in 2024 is as follows:

0 cut: 2 votes

1 cut: 1 vote

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