Posted 3/20/2024, 12:00:08 PM
Investors waiting to see whether Fed still expects 3 rate cuts in 2024
- Investors wondering if Fed still expects 3 rate cuts in 2024 or will update projections
- Key focus is on latest Fed "dot plot" showing each policymaker's rate forecast
- Inflation has been higher than expected, making previous rate cut forecasts uncertain
- Markets have scaled back bets on timing of potential cuts compared to early 2022
- Balance sheet runoff is another policy tool; question is if/when Fed could slow pace