Fed Meeting June 2024 Commentary. Investors are anticipating the federal open market committee will once again keep interest rates the same at its upcoming meeting, which ends on june 12. Policymakers holds key rate in unanimous decision;
Federal reserve bank chair jerome powell announces that interest rates will remain unchanged during a news conference at the federal reserves’ william mcchesney martin building on june. The federal reserve announced at its june 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%.
Fed Holds Rates Steady, Citing Lack Of Inflation Progress.
Officials at the meeting said data has improved lately, though they are want more evidence that it will continue.
Economics Closed May 1, 2024.
The federal reserve announced at its june 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%.
Fed Meeting June 2024 Commentary Images References :
The Target Range For The Federal Funds Rate Is Remaining At 5.25% To 5.50%, Where It Has Held Steady Since July 2023.
With roughly 75% odds of a cut at that meeting, according to fed funds futures pricing.
The Federal Reserve Said Wednesday It Is Keeping Its Benchmark Lending Rate At Its Current Level For The Seventh Time In A Row, While Signaling Fewer Rate Cuts Than Previously Estimated.
Federal reserve kept policy unchanged for the seventh consecutive meeting, as expected.