Click below to read AIB's latest Fed Watch report for March 2024...
Fed primed for 75bps of cuts in 2024, starting in summer
by AIB Treasury's Economic Research Unit
The US Federal Reserve Open Market Committee’s second meeting of 2024 saw its key interest rate left on hold last night. The target range for the Fed funds rate remains at 5.25 -5.50%, a 22-year high.