Fed Cutting Interest Rates 2024 India. Fed chair jerome powell hints at a policy shift, boosting global markets. By chirayu sharma and dr.
Us federal reserve signaled it still expects to make three cuts this year sending us markets into a frenzy as traders cheered central bank’s affirmation. Us fed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in septembers projections.