Fed Holds Rates at 5.25%-5.50% at the March 2024 FOMC Meeting
Marriner S. Eccles Federal Reserve Board Building, 20th St & Constitution Ave NW, Washington, DC
Federal Reserve
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins87% CONFIDENCEOverall confidence: 87%How well the pin's source and references back up its dates.Weighted average of how firmly 5 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterThe Federal Reserve's[1][2][3] statement is dated 20 March 2024 and marked for release at 2:00 p.m. ET, matching the 19-20 March meeting on its calendar and the resolution date of the Kalshi[4] and Polymarket[5] decision markets.
Kalshi
Polymarket
The FOMC held the federal funds target range at 5-1/4 to 5-1/2 percent on 20 March 2024 by a unanimous vote, and its projections pointed to a lower rate by year-end.
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