Fed Meeting June 2024 Outcomes
Fed Meeting June 2024 Outcomes. The july 2024 cpi report will likely increase the fed’s confidence that inflation is on the way to its 2% target and position the fed to cut interest rates in. Fed minutes point to ‘likely’ rate cut coming in september.
Jerome powell during a news conference following a federal open market committee meeting in washington, dc on june 12. The federal reserve decided to keep interest rates steady, with one potential rate cut later in 2024.