Fed Interest Rates 2024 Forecast Meaning
Fed Interest Rates 2024 Forecast Meaning. The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate. The federal reserve said wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate cuts than.
The federal reserve announced at its may 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at the. Market participants widely expect the fed will start cutting the fed funds rate in september, and they’ll be looking for the central bank to provide signals this week.
