Next Fomc Meeting 2024 Policy Statement. The first fomc decision of 2024 should see the committee unanimously vote to maintain the target range for the fed funds rate at its present level, with the tightening cycle clearly now over. On wednesday, september 18, 2024, i dissented from the federal open market committee's (fomc) decision to lower the target range for the federal funds rate.
The federal reserve board of governors in washington dc. Powell said it will take longer than expected to become confident about returning inflation to the fedโs 2% goal, essentially ruling.
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