Fed Rates 2024 Predictions Uk. The producer price index rose 0.2% m/m in august, faster than the +0.1% expected and accelerating from 0.0% in july (revised from +0.1%), the u.s. Investors are on edge this week as federal reserve officials prepare to signal how many interest rate cuts are still likely in 2024.
See how the federal reserve has cut interest rates in the past and how it is expected to do so in 2024. The bank of england cut the base rate from 5.25% to 5% in august 2024, and markets expect another cut before the end of the year.