Page 55 - DCAC November 2024 Files
P. 55

•The Federal Reserve kicked off its rate cutting campaign with a .50% reduction in September,








                                shifting its focus from price stability to supporting growth and the labor market.
















                 The Path of Rates is Likely Lower















                                       FOMC expectations for futures rates



                                                                                                        Sources: Charles Schwab., Bloomberg, FOMC Dot Plot as of 09/18/2024.
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