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The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says

The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says

An economy that is showing clear signs of decelerating means the Federal Reserve will cut interest rates at least six times in 2024, according to a Thursday note from ING Economics. Moderating inflation, a cooling jobs market, and a deteriorating outlook for consumer...