Fed Interest Rate Meeting 2024. Fed dials back rate forecasts, signals just one cut in 2024; Investors see fed as 'locked and loaded' for september cut;

The federal reserve announced at its june 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at the current range of 5.25%. We expect the fed to start cutting rates beginning with the federal open market committee’s september 2024 meeting.