Fed Meeting June 2024 Commentary

Fed Meeting June 2024 Commentary. This will be to hold interest rates steady at 5.25 to 5.5 per cent following recent ‘wait and see’. At the june meeting, 11 of 19 committee members thought the fed would either cut a quarter point once later this year or hold rates steady.

Us equity indices fared well during the month,. Fed chair jay powell pushed back on growing concerns that the fed’s next monetary policy action might be a rate hike, not a rate cut.