The Independent

Federal Reserve may shed light on prospects for rate cuts in 2024 while keeping key rate unchanged

Source: Copyright 2023 Associated Press. All rights reserved

Will the Federal Reserve cut its key interest rate sometime next year — and, if so, by how much?

investors have been obsessed with such questions since a top Fed official hinted last month that rate cuts were at least possible as early as March. When its latest policy meeting ends Wednesday, the Fed will provide some highly anticipated hints about the extent of rate cuts next year. In the meantime, it's set to leave its

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