Fed Fomc Meeting 2024
Fed Fomc Meeting 2024. Fomc foresees only one rate cut in 2024. Powell says rate cut could happen as soon as next meeting;
The fomc is scheduled to meet eight times in 2024 and expected to ultimately cut interest rates โ but in a measured way and with action weighted toward the second half. In july, the unemployment rate unexpectedly inched up to 4.3%, its highest level,.