Fed Meeting June 2024 Commentary

Fed Meeting June 2024 Commentary. At the policy exchange event with governor bowman, london, united kingdom. Recent data have been promising, with milder price increases alongside robust economic growth, but the fed wants a bit more assurance that inflation will continue to fall toward their 2% target.

Federal reserve kept policy unchanged for the seventh consecutive meeting, as expected. Markets are focused on whether the federal open markets committee (fomc) may delay rate cuts or even raise rates now that us inflation has been hovering above 3% for a year.