ACTV - Federal Reserve Watch: Don't Expect To See A Rate Cut Soon
2024-06-21 12:04:26 ET
Summary
- Federal Reserve's securities portfolio declined by $8.6 billion in the latest banking week ending June 19.
- Over the three banking weeks ending June 19, the portfolio decreased by $36.6 billion.
- The Federal Reserve is continuing to reduce the size of its securities portfolio, raising questions about the pace of the process.
- And, the Federal Reserve will not lower its policy rate of interest soon.
In the latest banking week, the week ending June 19, the securities portfolio of the Federal Reserve declined by $8.6 billion.
In the three banking weeks ending June 19, the securities portfolio of the Federal Reserve declined by $36.6 billion....
Federal Reserve Watch: Don't Expect To See A Rate Cut Soon