Jul 31, 2024
Summary On Wednesday, July 31, 2024, the Federal Open Market Committee (FOMC) voted unanimously to hold the federal funds rate at a target range of 5.25–5.50%. This marks over a year and eight consecutive meetings since the Committee last adjusted the target range,...
Mar 25, 2024
The Fed kept its policy rate steady in a range of 5.25%-5.5% and made no major changes to its policy statement. The committee also maintained its forecast for three rate cuts this year. Beneath the surface, though, several important messages emerged from the press...
