Next Fed Meeting 2024 Predictions. 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%. Earlier, inflation data for may came in cooler than expected.
Traders in derivative markets see only a 14% chance of a rate cut in july, but it’s just above 50% for september. The federal reserve left interest rates unchanged on wednesday and signaled one cut in 2024, with more to come in 2025.
The March Decision Marks The Fifth Consecutive Meeting At Which The Federal Reserve (Fed) Has Opted To Hold Interest Rates Steady.
Read more about the implications.
Traders In Derivative Markets See Only A 14% Chance Of A Rate Cut In July, But It's Just Above 50% For September.
The median projection among fed members as to where interest rates will be at the end of 2024 fell to 4.6% on wednesday from 5.1% in september.
Next Fed Meeting 2024 Predictions Images References :
The Fed Meeting Calendar For 2024.
Of course, the fed can adjust.
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%.
The march decision marks the fifth consecutive meeting at which the federal reserve (fed) has opted to hold interest rates steady.