Fed Meeting 2024. — the federal reserve announced at its may 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at. If a september rate cut comes to fruition, that means there will be about 14 months between the last rate hike.
— rates have been steady for over a year now with the fed funds rate hovering between 5.25% and 5.5%, but that is expected to change soon, almost certainly at the. — in addition to stabilizing prices, the fed is also responsible for maximizing employment.