The federal reserve will announce its next interest rate decision on june 12. The federal open market committee is expected to hold interest rates steady at the conclusion of its next meeting on june 12, according to fixed income.
Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone. The federal reserve (fed) announced at its january 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%.
However, Fixed Income Markets Will Be Watching.
Powell says rate hike is unlikely to be fedโs.
What To Know About The Fedโs Rate Decision.
During 2024 the fed has the typical schedule of eight meetings to determine interest rates.
Images References :
What To Know About The Fedโs Rate Decision.
Fed holds rates steady, citing lack of inflation progress;
The Fed On Wednesday Maintained The Federal Funds Rate In A Range Of 5.25% To 5.5%.
About 4 in 10 of economists polled by factset said they believe the first.