Fed Thoughts

Behind the Curtain: The FOMC Meeting in Review February 2024

Fed Thoughts Video
February 2024

The Federal Reserve (Fed) decided to leave rates unchanged in January in a widely expected move. The decision comes as the US central bank’s policymakers seek more confidence that inflation is approaching their target.

Although inflation has cooled lately, Fed officials are reluctant to declare victory yet. The economy has moved in unexpected directions in recent years—giving officials reasons to remain cautious.

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