Us Fed Meeting July 2024. The federal reserve announced at its july federal open market committee (fomc) meeting that it will keep its benchmark interest rate unchanged at 5.25% to 5.5%. The nasdaq responded by finishing the day 2.6% higher, followed by the s&p 500, which rose 1.6%.

Federal reserve officials left interest rates unchanged at their july meeting, as economists had expected, and hinted that recent progress in lowering inflation could. The federal reserve announced at its july federal open market committee (fomc) meeting that it will keep its benchmark interest rate unchanged at 5.25% to 5.5%.