Fed Interest Rate Decision July 2024. They also left the door open for further increases,. Likewise, fewer economists are now predicting that the fed will cut rates at its may 1 meeting.
Officials held interest rates steady at about 5.3 percent, where they have been set since july, in their march policy decision. The fed is expected to announce its july policy decision at 2 p.m.
The Federal Reserve Is Expected To Ultimately Cut Interest Rates In 2024, But In A Measured Way And With Action Weighted Toward The Second Half.
Officials held interest rates steady at about 5.3 percent, where they have been set since july, in their march policy decision.
The Big News Came From Something Else That Went Unchanged:
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The fed kept interest rates unchanged at 5.25% to 5.5%, as expected.
Get The Fed Interest Rate Decision Results In Real Time As They're Announced And See The Immediate Global Market Impact.
The fed’s decision to keep rates steady means the cost of borrowing isn’t likely to get cheaper.
The Last Interest Rate Increase Came In July 2023.