Fed Rate Meetings 2024
Fed Rate Meetings 2024. That was the first dissent from a fed governor since 2005. The fed’s benchmark rate now sits between 4.75 and 5 percent.
The federal open market committee (fomc) announced on january 31, 2024, that it would maintain its policy rate in a range of 5.25% to 5.5%. The federal reserve is widely expected to cut its benchmark interest rate when it meets wednesday.