Fed Meeting June 2024 Analysis. Federal reserve chair jerome powell noted at the press conference that the central bank does not yet have the confidence to cut rates, even as inflation has. The federal reserve held interest rates steady on wednesday and pushed out the start of rate cuts to perhaps as late as december, with officials projecting only a.
Federal reserve chair jerome powell noted at the press conference that the central bank does not yet have the confidence to cut rates, even as inflation has. The current fed (interest) rate is 5.25% to 5.50%, making borrowing difficult.
