Fed Rate Changes 2024

Fed Rate Changes 2024. It influences other interest rates such as the prime rate, which is the rate banks charge. Policy easing hinges on more progress.

For bloomberg’s toplive blog on the fed decision and press conference,.  — the federal reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall.