Fomc Meeting November 2024

Fomc Meeting November 2024. For release at 2:00 p.m. Markets currently expect a 0.25% reduction.

The federal open market committee (fomc) is expected to vote to cut rates by another quarter point at its meeting november 7. Federal reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.