Fed Pause 2024
Fed Pause 2024. Its interest rate policy has an impact on mortgage rates. The fed said in its policy statement that it will maintain the federal funds rate in a range of 5.25% to 5.5%, marking the third consecutive pause since july, when it last.
Yahoo finance federal reserve reporter jennifer schonberger reports on the fed’s decision. We expect this pause to continue into the middle of 2024 as disinflation continues to work its way through the economy.