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ilmscore | Prediction Details
"USfed has kept its Benchmark borrowing rate unchanged at 5.5% now that was not a surprise as such everyone felt that the Benchmark borrowing rate would be kept constant okay Agreed policy makers signaled that they expect that in the next year in 2024 they would cut the rates by 75 basis points so they're saying that most probably 25 basis points three times in all in all basically in financial year 2024 they said that we would want to bring down the rates that would be rate cuts to 75 basis points"
By
CA Rachana Phadke Ranade
|
December 14, 2023
|
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From video
Inox India Limited IPO | FOMC | Nifty Levels | CA Rachana Ranade
00:21:33 - 00:22:08
Interpreted Prediction
The US Federal Reserve is signaling three rate cuts totaling 75 basis points in 2024, moving from a hawkish to a dovish stance.
Prediction Details
Topic
US Federal Reserve Interest Rate Policy
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