Tag: Dial

Fed expected to dial back 2024 rate calls after digesting new inflation data

Investors are bracing for Federal Reserve officials this afternoon to dial back estimates of interest rate cuts in 2024. Before policymakers go public with those predictions, they get a fresh inflation reading from the Consumer Price Index (CPI) that is expected to show continued moderation in May after an encouraging April. The year-over-year change in […]

Investors brace for the Fed to dial back its 2024 rate cut predictions

Investors are on edge this week as Federal Reserve officials prepare to signal how many interest rate cuts are still likely in 2024. Most market watchers believe policymakers will dial their expectations back. The question is by how much. The new projection on Wednesday will come in the form of a so-called “dot plot,” a […]