Fed Interest Rate Decision 2024 Time

Fed Interest Rate Decision 2024 Time. The federal reserve is expected to announce thursday it is cutting interest rates, a decision that comes just two days after a divisive and historic us presidential election. The federal reserve (fed) announced at its january 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%.

Federal reserve officials capped their first monetary policy meeting of 2024 by leaving the central bank’s benchmark interest rate unchanged, a decision that was widely. Fed dials back rate forecasts, signals just one cut in 2024;