Fomc Meeting 2024 March 2

Fomc Meeting 2024 March 2. The fedwatch tool prices in a 4% to 4.25% range as the most likely destination at the end of 2024, indicating a total of 125 basis points of cuts at the fed’s. The fomc are set to reduce the target range for the fed funds rate by 25bp at the conclusion of the.

Global markets, including those in asia, were on edge as investors awaited. The march fomc was largely a placeholder, as the committee continue to seek additional data to confirm that inflation is on its way back to the 2% target, before.