Fomc Meeting June 2024 Minutes. Stock indexes mostly held onto their gains wednesday after federal reserve officials kept interest rates unchanged as expected and projected one cut for this. But not a sceptical tilt.
Powell says fed viewed upbeat cpi data as ‘progress’. Federal open market committee announces updates that further enhance its policy on investment and trading.
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At the policy exchange event with governor bowman, london, united kingdom.
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Fed dials back rate forecasts, signals just one cut in 2024.
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Officials at the meeting said data has improved lately, though they are want more evidence that it will continue.
Traders Closely Watch His Speeches As They Are Often Used To Drop Hints Regarding Future Monetary Policy.
The fomc minutes of the june meeting, published on july 03, 2024, has a clear cautious bias;