Federal Reserve Seen Signaling One More Hike and Pushing Out 2024 Rate Cuts

(Bloomberg) A resilient US economy will prompt the Federal Reserve to pencil in one more interest-rate hike this year and stay at the peak level next year for longer than previously expected, according to economists surveyed by Bloomberg News.The Federal Open Market Committee will keep rates steady in the 5.25% to 5.5% range at its … Read more

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