Will The Fed Cut Interest Rates In Jan 2025 In Michigan

Will The Fed Cut Interest Rates In Jan 2025 In Michigan. Eighteen officials predict a rate cut next year, with five officials seeing a decrease of more than 0.50%, while just one sees no cut. About eight in 10 economists expect the fed to hold rates steady at that meeting,.

Most economists think the fed will continue to cut rates this year, although many have pared their forecasts for the number of cuts given. It is highly unlikely that the federal open market committee will cut interest rates on january 29.