Expected Fed Rate Cuts 2024 Uk. Ahead of thursday’s decision, governor andrew bailey has distanced britain from resurgent consumer price pressures in the us, pointing to “strong evidence” of uk inflation receding. Why inflation risk might come to bite the fed
By contrast, in march the fed called for a 4.6% rate, implying three rate cuts. Central bankers will be held back by high shelter costs and a strong job market, the firm said.