Glenda Chickie

Fed Rate Cuts 2024 Predictions Indian Bank. When the fed cuts its policy rates, the difference between the interest rates of the us and the other country could widen — thus making countries such as india more attractive for the currency carry trade. This week, economists at companies including goldman sachs, ubs and bank of america revised their predictions after the cpi print:

Jerome powell, the us fed chair, suggested during a news conference that the american central bank would be watching economic data as they decide whether to make a final rate cut of 2024 at their next meeting in. On an expected lines, us fed kept key fund rates unchanged on march 2024 policy.