Fomc Meeting In 2024. Overall and core inflation rose 0.2% and 0.3% in august, respectively. 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.
The federal reserve’s policy committee will likely confirm a careful, slow approach to cutting interest rates in 2024. What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders?