Jerome Powell Speech Live | FOMC Meeting: Federal Reserve Bank Interest Rate Decision | US Market

Jerome Powell Speech Live | FOMC Meeting: Federal Reserve Bank Interest Rate Decision | US Market

The US Federal Reserve will announce its second policy decision for 2024 on March 20. The US central bank has lifted its key lending rate to a 23-year high of between 5.25 and 5.50 per cent as part of a long-running battle to bring high inflation back down firmly to its long-term target of two per cent.

The Fed has a lot to do at its meeting this week, but ultimately may not end up doing a whole lot in terms of changing the outlook for monetary policy. This meeting likely will be all about the Federal Open Market Committee’s “dot plot” of individual member’s interest rate expectations. Watch the full press conference of Jerome Powell at 12:00 AM IST only on ET Now

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