The federal reserve held interest rates steady at their current range of 5.25% to 5.5%, but revised its outlook for rate cuts to just one in 2024. The economic outlook and monetary policy.
Federal reserve officials left interest rates unchanged in their june decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign. Investors will now watch fed chair jerome powell’s press conference, set for 2:30 p.m., for clues as to the central bank’s thinking regarding rates for the rest of.
Investors Will Now Watch Fed Chair Jerome Powell's Press Conference, Set For 2:30 P.m., For Clues As To The Central Bank's Thinking Regarding Rates For The Rest Of.
Read the fed's full june meeting statement here.
The Economic Outlook And Monetary Policy.
Inflation still elevated, with progress merely ‘modest’
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Fed Dials Back Rate Forecasts, Signals Just One Cut In 2024;
Fed holds rates steady, citing lack of inflation progress;