Arlene Sashenka

Fed Interest Rates 2024 Forecast India. The reserve bank of india (rbi) will keep interest rates unchanged until at least july, a bit longer than the u.s. What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders?

The reserve bank of india (rbi) is expected to cut interest rates by a modest 50 bps over the next six months, according to a majority of economists in a reuters poll. The fed has raised rates 11 times since march 2022, holding the federal funds rate steady at between 5.25% and 5.5% since august 2023, in an effort to tame.