Will the Fed cut rates in 2023?

Jan 10, 2023

The Federal Reserve building in Washington, US.

Not a single member of the Federal Open Market Committee expects rate cuts in 2023. Image: REUTERS/Joshua Roberts

Felix Richter

Data Journalist, Statista

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A graphic showing projections for the appropriate target level of federal funds from 2022 onwards.

Those hoping for a decrease in interest hikes will likely have to wait a bit longer. Image: Statista.

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