Tag: FOMC meeting

  • Fed Cautious on Inflation, Economic Growth as Job Market Stalls

    Fed Cautious on Inflation, Economic Growth as Job Market Stalls

    FOMC Maintains Cautious Stance Amidst Uncertainties The Federal Open Market Committee (FOMC) concluded its two-day policy meeting on March 20th, 2024, opting to maintain the federal funds rate at its current target range of 5-1/4 to 5-1/2 percent. This decision, the fourth consecutive hold, reflects the Committee’s cautious stance amidst…