More from Cleveland Fed Pres. Mester: Does not want to offer timing on rate cuts ...Middle East

More from Cleveland Fed Pres. Mester:Doesn't want to offer timing on rate cutSees no rush to lower Fed rate targetStill leans toward three rate cuts for 2024Wants more data before deciding on ratesExpects to see rate cuts later this yearFed should not rule out asset sales for balance sheetExpects balance sheet run off to slow before being stoppedThe Fed in their dot plot saw the Fed Funds rate falling from 5.40% to 4.60% which is about 3 cuts. This article was written by Greg Michalowski at www.forexlive.com.

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