“The Federal Reserve held interest rates steady and signaled inflation had improved more rapidly than anticipated, opening the door to rate cuts next year,” the Wall Street Journal reports.
“Most officials penciled in three interest rate cuts for 2024 in projections released after their two-day meeting on Wednesday.”
Bloomberg: “The bond market currently anticipates at least four quarter-point rate cuts within the next year, and odds of a March 2024 easing are just under 50%.”
?Political Trivia
Eight moments in political history. Put them on a timeline.
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Five senators. Three bills. Can you guess how they all voted?
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Nine Justices. One case. How did they rule?
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Do you have your finger on the pulse of America?
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Four questions a day.
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A new game every day.