Apparently they're 'signaling' possibly 3 quarter-point reductions, which won't likely make a huge difference - but every little bit helps. I agree with assessments above.
Link is to an article by AP: http://www.msn.com/en-us/money/markets/federal-reserve-may-shed-light-on-prospects-for-rate-cuts-in-2024-while-keeping-key-rate-unchanged/ar-AA1lqcBb |