Fomc Meeting June 2024 Tapering Announcement

Fomc Meeting June 2024 Tapering Announcement. But the fomc may affirm that cuts are likely later in 2024. Following the june fomc meeting, bernanke elaborated on the plan for tapering, and yields rose more substantially, eventually hitting 2.96 percent on september 10.

Expectations that the fed cuts interest rates at its next meeting in june are very low. The fed targets 2% annual inflation, a level it has been above since early in 2021.