Niaga AWANI: Fed flags end of rate hikes, sees lower borrowing costs in 2024

Name: Niaga AWANI: Fed flags end of rate hikes, sees lower borrowing costs in 2024
Uploaded: 2023-12-14
Description: The Federal Reserve maintains interest rates between 5.25% and 5.50% after the Federal Open Market Committee (FOMC) meeting on Wednesday. Jerome Powell, the Federal Reserve Chair, forecasts no further interest rate hikes and anticipates lower borrowing costs in 2024, leading to a significant rise in stocks, a notable fall in bonds, and record highs for Dow Jones.

The Federal Reserve maintains interest rates between 5.25% and 5.50% after the Federal Open Market Committee (FOMC) meeting on Wednesday. Jerome Powell, the Federal Reserve Chair, forecasts no further interest rate hikes and anticipates lower borrowing costs in 2024, leading to a significant rise in stocks, a notable fall...

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14/12/2023 02:14 MYT

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