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Inside The Temple: Lifting The Curtain On The Fed

Federal Reserve monetary policy has been a major financial story for the past few years. And today, the Fed made headlines again by announcing that it is again keeping its benchmark interest rate at the same place it’s been since July of last year.

The Fed also indicated that investors should expect only one rate cut by the end of 2024. That’s a far cry from the beginning of the year, when the markets were pricing in the likelihood of six cuts in 2024.

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This post appeared first on Investing Daily.