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When is the next Federal Reserve meeting, and what can be expected from it?

Answered on : 2024-01-24

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The next Federal Reserve meeting, also known as the FOMC meeting, is scheduled for January 30-31, 2024[2][5]. During this two-day meeting, policymakers discuss monetary policy decisions and economic outlook. Here are key points to expect:

1. **Interest Rates:** The Fed is likely to provide an update on interest rates, impacting financial markets and borrowing costs[2].

2. **Policy Statement:** On January 31 at 2 pm Eastern, a policy statement will be released, summarizing decisions made during the meeting[5].

3. **Press Conference:** A press conference is scheduled for 4:15 p.m., where the Fed Chair may offer additional insights into economic conditions and policy decisions[3].

Investors often closely monitor these meetings for signals on the direction of monetary policy, influencing market movements[8]. Stay informed for updates on the Fed's actions and their potential impact on the economy[4].

References:

- [2]: Investopedia

- [3]: Federal Reserve Board - Calendar

- [5]: Kiplinger

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