Jerome powell during a news conference following a federal open market. The fomc holds eight regularly scheduled meetings per year.
The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024. The dow jones industrial average rose 3.8% and the nasdaq composite climbed.
After Today’s Meeting, The Federal Reserve Has Four More Chances To Act On Interest Rates This Year.
At “frameworks for monetary policy, regulation, and bank capital” spring 2024 meeting of the shadow open market committee, hosted by the manhattan.
Investor Focus Turns To Fed June Meeting Minutes.
After several unexpectedly high inflation readings, federal reserve officials concluded at a meeting earlier this month that it would take longer than they previously.
Images References :
Job Openings Tuesday And Its June Tally Of Hiring By Nonfarm Employers Friday.
Fed dials back rate forecasts, signals just one cut in 2024;
The Federal Reserve’s Policy Committee Will Likely Confirm A Careful, Slow Approach To Cutting Interest Rates In 2024.
Policymakers holds key rate in unanimous decision;