US Fed pencils in one interest rate cut this year

Written by on June 13, 2024

  • Author, Charlotte Edwards
  • Role, BBC Business reporter
  • 12 June 2024

    Updated 1 hour ago

The US Federal Reserve has signalled that it will cut its key interest rate just once this year despite inflation easing.

Back in March, the central bank had been expected to reduce borrowing costs three times by the end of . . .

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