Fed Meeting June 2024 Summary. Federal reserve chair jerome powell is set to address the economic club of washington, d.c., on monday as traders look for hints about when the central bank will cut. Us fed meeting outcome highlights:
At the policy exchange event with governor bowman, london, united kingdom. The federal reserve said wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate cuts than previously.
Unemployment Ticked Up To 4.1%, Inching Above 4%.
Inflation eased further in june, helping cement path to rate cuts.
The Labor Department's June Jobs Report Showed Employers Added 206,000 Roles Last Month, Down From 218,000 In May.
The federal open market committee (fomc), the central bank’s policy committee, said wednesday that it would hold the influential interest rate in a range of 5.25%.
Fed Meeting June 2024 Summary Images References :
Officials Did Not Expect It Would Appropriate To Lower.
The fed shouldn't cut interest rates at all this year, strategist jim bianco said.
The Federal Open Market Committee (Fomc), The Central Bank’s Policy Committee, Said Wednesday That It Would Hold The Influential Interest Rate In A Range Of 5.25%.
The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024.