Rate cuts likely in 2024, official indicates

Name: Rate cuts likely in 2024, official indicates
Uploaded: 2024-01-17T00:17:08Z
Duration: 22 s
Description: A top official with the Federal Reserve is indicating that interest rate cuts are coming soon. After two years of price hikes, Federal Reserve Governor Christopher Waller said he is confident inflation will continue to fall back to the 2% target that has been set. No timeline was given as to when a rate cut could happen.

A top official with the Federal Reserve is indicating that interest rate cuts are coming soon. After two years of price hikes, Federal Reserve Governor Christopher Waller said he is confident inflation will continue to fall back to the 2% target that has been set. No timeline was given as to when a rate cut could happen.

Posted January 16, 2024 5:17pm MST