Next Fed Meeting 2024 Rate Hike. • the fed raised interest rates by a quarter point, as. The fed on wednesday maintained the federal funds rate in a range of 5.25% to 5.5%.
From a peak of 7.1% in 2022, inflation as measured by the fed’s preferred gauge steadily slowed for most of 2023. Washington (ap) — after several unexpectedly high inflation readings, federal reserve officials concluded at a meeting earlier this month that it would take.