Press Release
☷Federal Reserve issues FOMC statement
Federal Reserve System ( By Press Release office)
Mar 21,2024
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Recent signs show that the economy is doing pretty well , with strong job growth and low unemployment . The goal is to keep employment high and inflation around 2 percent . The Committee thinks the risks to reaching these goals are getting better . The economic future is uncertain , so the Committee is keeping a close eye on inflation . They decided to keep the federal funds rate at 5 - 1/4 to 5 - 1/2 percent for now . If things change , they ' ll adjust the rate as needed . The Committee is committed to getting inflation back to 2 percent . They ' ll keep an eye on job market conditions , inflation , and other factors when deciding on future monetary policy . Members of the Committee voted on these decisions . For media inquiries , contact the provided email or phone number .
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