Fed Meeting July 2024. Federal reserve officials left interest rates unchanged at their july meeting, as economists had expected, and hinted that recent progress in lowering inflation could enable. Federal reserve chairman jerome powell at a news conference following a federal open market committee meeting on july 31, 2024, in washington, d.c.
This was expected, as it gives the fed additional time. This is a comparison of wednesday’s federal open market committee statement with the one issued after the fed’s previous policymaking meeting in june.