Fed Interest Rate Decision December 2024 Update. Gdp and inflation projections were revised upwards,. The federal reserve kept interest rates unchanged at the conclusion of today's policy meeting.
Fed’s decision federal funds target rate; What happened today at the fed meeting.
That Would Leave Rates Sitting At About 4.6.
They also left the door open for further increases,.
What Happened Today At The Fed Meeting.
Wednesday’s decision leaves the fed’s benchmark interest rate, known as the federal funds rate, between 5.25 and 5.5 percent.
The Decision Does Not Satisfy The Numerous Expectations From Investors For The First Fed Meeting, Who Await News Of Potential Rate Cuts.
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That’s The Highest Level In 22.
Gdp and inflation projections were revised upwards,.
Fed Holds Rates Steady, Indicates Three Cuts Coming In 2024.
The federal reserve held interest rates steady on wednesday, but policymakers signaled they still expect to start cutting rates later this year.