The annual inflation rate in the us slowed to 3.3% in may 2024, below 3.4% in april and forecasts of 3.4%. Markets widely expect the fed will retain its target rate of 5.25% to.
Rates expected to remain unchanged as policymakers seek confidence in inflation. The cpi release will come on the morning of.
Be Sure To Like &Amp; Subscr.
Watch the full fomc rate hike decision, as well as jerome powell discussing the federal reserve's reasoning behind it at 2:30pm est.
During Its May Meeting, The Federal Reserve Unanimously Voted To Hold Policy Rates Steady For The Sixth Consecutive Time, Leaving The Federal Funds Target Rate Unchanged At 5.25% To 5.5%.
I don’t know that it won’t. he said the central bank could reduce its benchmark rate if inflation moves more.
Images References :
Watch The Full Fomc Rate Hike Decision, As Well As Jerome Powell Discussing The Federal Reserve's Reasoning Behind It At 2:30Pm Est.
Federal reserve board announces it will extend through may 31, 2024, the public comment period for the application by capital one financial corporation to acquire discover financial services banking and consumer regulatory policy
That Compares To A 0.3% Rise In April.
They may speak on interest rate cuts and when those might be coming.