Next Fomc Meeting March 2024. Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal. The federal open market committee (fomc) announced on march 20 that it would maintain its policy rate in a range of 5.25% to 5.5%.
While the committee’s decision fell in line with expectations, market reaction focused on the quarterly summary of economic projections. | updated march 6, 2024.
The Federal Open Market Committee (Fomc) Announced On March 20 That It Would Maintain Its Policy Rate In A Range Of 5.25% To 5.5%.
Authorities’ securities on the open market to advertise the expansion of the financial system.
The Federal Open Market Committee On Friday Announced Its Tentative Meeting Schedule For 2024:
During the march 2024 fed fomc meeting, the chair of the federal reserve emphasised that the fed remains “fully committed” to achieving its 2% inflation but at this point, he does not think it is appropriate to reduce rates until the fomc is confident that “inflation is moving down sustainably” toward 2%.
Next Fomc Meeting March 2024 Images References :
The Federal Open Market Committee (Fomc) Announced On March 20 That It Would Maintain Its Policy Rate In A Range Of 5.25% To 5.5%.
Traders watch interest rate changes closely as short term interest rates are the primary factor in currency.
Authorities’ Securities On The Open Market To Advertise The Expansion Of The Financial System.
