#FOMCMeeting

Previous Meeting*: In its last meeting on March 19 and 20, 2024, the Federal Open Market Committee decided to keep interest rates at their highest level in 23 years, which is 5.25%-5.50%, and indicated three interest rate cuts in 2024.

- *Economic Forecasts*: The Federal Reserve's economic forecasts, including the "dot plot", are likely to provide insights into future policy decisions.

- *Inflation and Growth*: The Federal Reserve's stance on inflation and growth will be closely monitored, given the current economic conditions.

Some of the key conclusions from previous Federal Open Market Committee meetings:

- *Interest Rate Cuts*: The Federal Reserve expects to cut interest rates by 0.75 percentage points in 2024, with some policymakers discussing the timing and extent of the rate cuts.

- *Inflation*: The Federal Reserve's inflation expectations remain a key factor in determining policy decisions, with a targeted inflation rate of 2%. - *Economic Growth*: The growth expectations released by the Federal Reserve have been raised, reflecting the resilience of the economy.

We must await the results of the meeting to understand the Federal Reserve's current stance on monetary policy.