U.S. Fed Reserve Hints it May Begin Lowering Interest Rates

The U.S. Federal Reserve has hinted that it may soon start reversing the cycle of increasing interest rates after nudging them up 11 times through the second half of 2022 and most of 2023.

The Federal Open Market Committee (FOMC) in a press release expressed satisfaction with the inflation rate consistently below 2 percent target. 

It said that FOMC judges that “following periods when inflation has been running persistently below 2 percent, appropriate monetary policy will likely aim to achieve inflation moderately above 2 percent for some time.”

Central Banks and Interest Rates