Tag: FOMC meeting
Fed Cautious on Inflation, Economic Growth as Job Market Stalls
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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…