Usa Fed Interest Rate Decision July 2024. Mar 20, 2024, 11:00 am pdt. But as of wednesday, only 1 in 10 continued to forecast a march rate cut.
The federal reserve raised its benchmark lending rate by a quarter point wednesday, lifting interest rates to their highest level in 22 years. March 19, 2024, 2:31 pm pdt / updated march 20, 2024, 11:00 am pdt / source:
Officials Held Interest Rates Steady At About 5.3 Percent, Where They Have Been Set Since July 2023, In Their March Policy Decision.
All three major indices on wall street closed at new records.
Rates Have Been Steady At This Level Since July 2023.
The fed’s unanimous decision to hold its key lending rate between 5.25 percent and 5.50 percent lets policymakers carefully assess.
They Also Left The Door Open For Further Increases, As They Continue The Fight.
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The federal reserve held its key federal funds interest rate at about 5.5% for march as it.
Read The Fed's Full Statement Here.
March 20, 2024, 5:06 a.m.
Markets Category Tsx Nears Record High As Investors Cheer Fed's Rate Cut Forecast March 20, 2024 Markets Category South African Rand Firms Ahead Of Fed Rate Decision March 20, 2024 Markets
