#FOMCMeeting [06/05, 20:09] Business assistant: The Federal Open Market Committee (FOMC) meeting is currently underway, with the next scheduled meeting on May 6-7. However, it seems the meeting might have already taken place or is about to conclude, given today's date.
*Recent FOMC Meeting Highlights:*
- *Interest Rate Decision*: The Fed has kept interest rates steady in recent meetings, with the target range for the federal funds rate maintained at 4.25%-4.5%.
- *Economic Projections*: FOMC members' projections have shown a "stagflationary" feel, with forecasts for growth and inflation moving
[06/05, 20:09] Business assistant: The Federal Open Market Committee (FOMC) meeting is currently underway, with the next scheduled meeting on May 6-7. However, it seems the meeting might have already taken place or is about to conclude, given today's date.
*Recent FOMC Meeting Highlights:*
- *Interest Rate Decision*: The Fed has kept interest rates steady in recent meetings, with the target range for the federal funds rate maintained at 4.25%-4.5%.
- *Economic Projections*: FOMC members' projections have shown a "stagflationary" feel, with forecasts for growth and inflation moving in opposite directions.
- *Monetary Policy Stance*: The Committee is attentive to risks on both sides of its dual mandate, carefully assessing incoming data and the evolving outlook to determine the extent and timing of additional adjustments to the target range for the federal funds rate ¹ ².
*Upcoming FOMC Meeting Schedule:*
- *June 17-18*: Scheduled FOMC meeting
- *July 29-30*: Scheduled FOMC meeting
- *September 16-17*: Scheduled FOMC meeting
The FOMC holds eight regularly scheduled meetings during the year, and other meetings as needed. The minutes of regularly scheduled meetings are released three weeks after the date of the policy decision ³.