While a December cut seems most likely, a weaker labor market and declining inflation could push it sooner.
Currently, the expectation is for a single 0.25% rate cut in December 2024. This aligns with Investing.com's indicator onrate expectations, which shows a higher probability of a cut in December compared to earlier months. In addition, the Fed is increasingly focusing on price stability and maximum employment.jobs, which fell to the lowest level since February 2021 reaching 8.
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