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Expected Rate Cuts at FOMC September Meeting

Sep 3, 2024
  1. FOMC Meeting: Dates and Expectations
  2. Analyst Forecasts and CME FedWatch Insights
  3. Potential Impacts of Rate Cuts

The U.S. Federal Open Market Committee (FOMC) is set to meet on September 17-18, and analysts are anticipating an interest rate cut.

FOMC Meeting: Dates and Expectations

The U.S. Federal Open Market Committee (FOMC) will convene on September 17-18, where discussions on interest rate cuts are likely.

Analyst Forecasts and CME FedWatch Insights

Analysts predict that the Federal Reserve may cut interest rates during this meeting. The CME FedWatch tool currently projects a 69% chance of a 25% rate cut.

Potential Impacts of Rate Cuts

Given global market conditions and their impact on the U.S. economy, analysts believe a rate cut could prevent a potential recession. Lower interest rates make borrowing cheaper, stimulating consumer spending and business investment. However, it could also increase inflation as consumers spend more.

The outcomes of the upcoming FOMC meeting could significantly impact the U.S. economy and global markets, warranting close attention.

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