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Fed ‘likely’ done with rate hikes, concerned with ‘uncertainty’: minutes

Members of the Fed's key committees predicted a rate cut in 2024, but noted “an unusually high level of uncertainty” in considering next steps. According to the new minutes Contents of the December meeting announced Thursday. The committee voted to keep interest rates at the highest level in more than 20 years after its final […]

Fed meeting minutes indicate interest rate cuts could be coming in 2024

UBS Private Wealth Management financial advisors Sarah Ponchek and Lou Basenise discuss how rising interest rates and inflation are impacting the market on Morning with Maria. Fed officials said at their December policy meeting that interest rates are likely to peak on the back of recent declines in inflation, and that a rate cut could […]