Fed Rates 2024 Vs 2024 Inflation

Fed Rates 2024 Vs 2024 Inflation. So why isn’t it cutting rates? The fed hiked rates in 2022 in order to curb inflation, which hit its worst level since the early 1980s in 2022, as interest rate increases are the federal government’s.

The fed pared its forecast to 1 rate cut in 2024 despite wednesday’s cpi report which showed a further inflation slowdown. Predictions of future inflation rates shed light on the path of the economy and inform central banks’ policy rate decisions.