The Fed’s Interest Rates

IN the past year, particularly in the last two months, the global financial markets have been exceptionally optimistic. Investors boldly wagered that the benchmark interest rates set by the United States Federal Reserve would aggressively decline throughout 2024.

Already, futures market prices reflect expectations of up to six rate cuts by the Fed, totaling 1.5 percent. Investors anticipate these rate reductions to commence as early as March, at

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