The second quarter Q2 rate cut forecasts for the Fed in 2024 are varied to say the least. Exhibit one shows Q2 rate cut forecasts in 2024. A total of 21 major financial institutions made their forecast in June 2024. Most institutions, eight to be precise or 38%, are forecasting the Fed will make one 25-basis points rate cut in Q2. Seven institutions think the Fed will make a 50 basis point cut before 2024 ends. Three institutions...
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