Fed Rates May 2024. Following the release of friday's jobs report, financial market traders increased their odds of the fed maintaining its current rate through may from just 6% to. The next fomc meeting will be held in may 2024.
Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%. Economists at s&p 500 global ratings now expect us real gross domestic product to grow by 2.4% in 2024, up from their forecast of 1.5% in november.
Central Bank Still Troubled By Inflation, Powell Set To Speak.
April 30, 2024, 2:22 pm pdt / updated may 1, 2024, 11:04 am pdt.
Fed Announces It Will Keep Interest Rates At 5.25% To 5.5% As Rate Of Inflation Remains Above Target Of 2%.
May 1, 2024, 3:28 p.m.
The Next Fomc Meeting Will Be Held In May 2024.
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The Fed’s More Cautious Outlook Stems From Three Months Of Data That Pointed To Chronic Inflation Pressures And Robust Consumer Spending.
The next fomc meeting will be held in may 2024.
The Fed Has Left The Target For That Rate Untouched At 5.25% To 5.5% Since July 2023, And Is Expected To Hold It Steady At Its Meeting Ending May 1.
Likewise, fewer economists are now predicting that the fed will cut rates at its may 1 meeting.
Central Bank Still Troubled By Inflation, Powell Set To Speak.