yes and the next and maybe only 1 to 2 cuts this year....
SUMMARY OF FED MEETING MINUTES (2/21/24):
1. Fed officials believe rates are "likely at their peak"
2. Most officials note risks of cutting rates too quickly
3. More progress toward 2% inflation needed before rate cuts
4. Fed remains "highly attentive" to inflation risks
5. Some officials warned of downside risks in overly restrictive policy
6. Some officials see risks of inflation progress stalling
Higher for longer seems to be returning.
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