WebThe Federal Open Market Committee, or FOMC, opted to raise its benchmark interest rate by 0.25 percentage point, to a target range of 4.50% to 4.75%, at its most recent Jan. 31 … WebApr 5, 2024 · Meanwhile, the 10-year Treasury yield jumped above 2.65% to a three-year high on Wednesday and remained near that high following the release of the Fed meeting minutes. The rate ended Monday at 2. ...

WATCH: Federal Reserve Chair Powell gives update after raising

WebThe Federal Open Market Committee, or FOMC, opted to raise its benchmark interest rate by 0.25 percentage point, to a target range of 4.50% to 4.75%, at its most recent Jan. 31-Feb. 1 meeting. The ... WebFeb 22, 2024 · The minutes from the Fed’s Jan. 31-Feb.1 meeting said most of the officials supported the quarter-point increase because a slower pace “would better allow them to assess the economy’s progress” toward reducing inflation to their 2% target. The increase raised the Fed’s benchmark rate to a range of 4.5% to 4.75%, the highest level in ... book club tracker

Fed Minutes July 2024: Officials Debated Timing of Taper - New …

WebJan 5, 2024 · Minutes from the Federal Reserve’s December meeting show that officials are contemplating when and how quickly to lift interest rates. Send any friend a story As a subscriber, you have 10 gift ... WebMinutes of the Federal Open Market Committee. The policy actions of the Federal Open Market Committee, recorded in the minutes of its meetings, are available in the Annual Report of the Board of Governors pursuant to the requirements of section 10 of the Federal Reserve Act. That section provides that the Board shall keep a complete record of ... Web1 day ago · It’s a big week for Fed watchers — Wednesday afternoon, the central bank will release the minutes from its March meeting, when it decided to raise interest rates a … book club twitter