Fed Fomc Meeting 2024 Live. The federal reserve’s policy committee will likely confirm a careful, slow approach to cutting interest rates in 2024. Policymakers’ updated projections showed a 4.4% jobless rate for the end of 2024 and 2025, up slightly from the 4.2% rate seen in august.
Central bankers think they’ll need to lower interest rates to a. Here are five key takeaways from the fomc interest rate decision and federal reserve chair jerome powell’s press conference on wendesday: