Next Fed Meeting 2024 June 21. Washington— the federal reserve kept its key interest rate unchanged again wednesday and scaled back its forecast from three rate cuts to just one this year. He predicts the economy's slowdown will revert in the second half of 2024.
Economy added 206,000 jobs in june 2024, a report in line with consensus expectations. Here is what that means for you, and whether rate cuts are really coming.
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%.
He predicts the economy's slowdown will revert in the second half of 2024.
The Overwhelming Consensus Of Economists Is That There Will Be No Change At This Meeting,.
But the fomc may affirm that cuts are likely later in 2024.
Next Fed Meeting 2024 June 21 Images References :
Economy Added 206,000 Jobs In June 2024, A Report In Line With Consensus Expectations.
Chair powell explains why the central bank isn't ready yet to cut rates.
The Bureau Of Labor Statistics (Bls) Reported That The U.s.
The federal reserve held rates steady and described an uncertain path toward rate cuts in 2024.