Next Fed Rate Meeting 2024. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation. The fomc’s july decision is largely expected to keep interest rates steady in their current 5.25% to 5.5% range.
Thomas simons, an economist with jefferies. Federal reserve is currently expected to cut interest rates by a little more than 1% over the course of its seven remaining scheduled meetings of 2024.
Annual Inflation Stands At Just Below 3.5% As Of The May 2024 Report.
June 12, 2024, 11:04 am pdt / updated june 12, 2024, 11:36 am pdt.
In A Note To Clients, Englander Makes.
This decision marks the seventh consecutive meeting at which policymakers have opted to hold rates steady and keeps the federal funds rate at.
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This Analysis Of The Fomc Meeting Covers Expected Interest Rate Decisions, The Persistent Inflation Issues, And.
That inflation rate is well down from peak levels in summer 2022.
Were Surprisingly “Dovish” With Their Projection Of Three Rate Cuts In 2024.
The fed’s most recent economic projections in march called for: