Fed Rate Decision Days 2024 Olympics. Target rate as of march 20, 2024. The fed on wednesday said it is maintaining the federal funds rate in a range of 5.25% to 5.5%.
The group announced its rate decision at 2 p.m. March 20, 2024 at 5:45 am edt.
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The resulting conversations in academia, the economic policy community, and the broader public are important to sharpening our collective thinking.
They Suggest Rates May Not Decline Quite As Much And Fall To The 4.% To 5.5% Range By December 2024.
The schedule information here should be considered preliminary and not definitive;
Fed Takes The First Decision Of 2024, Holding Interest Rates Steady.
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As Expected, Central Bankers Left The Benchmark Interest Rate Steady At Between 5.25 And 5.5 Percent, The Highest Level In 23 Years.
Economic growth in the first quarter is expected to register at a healthy 2.1% annualized rate, according to the atlanta fedโs latest projection, following two straight quarters of growth above.
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They suggest rates may not decline quite as much and fall to the 4.% to 5.5% range by december 2024.