Fed's Mester still expects 3 rate cuts in 2024 but it is a 'close call' - Morningstar

Retrieved on: 2024-04-02 18:21:08

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Fed's Mester still expects 3 rate cuts in 2024 but it is a 'close call' - Morningstar. View article details on HISWAI: https://www.morningstar.com/news/marketwatch/20240402180/feds-mester-still-expects-3-rate-cuts-in-2024-but-it-is-a-close-call

Excerpt

Odds of such a move are well below 10%, according to the CME Group's FedWatch tool. Asked about the possibility of a cut in June, Mester said she ...

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