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FOMC decided to not change rates: when will they come down?
Wednesday, the market climbed after the Federal Open Market Committee decided rates should remain unchanged at 5.25% - 5.5%. Federal Reserv Show More
Wednesday, the market climbed after the Federal Open Market Committee decided rates should remain unchanged at 5.25% - 5.5%.
Federal Reserve President Jerome Powell held a press conference shortly after, to describe the dot plot projection of where rates will be at the end of the year.
"If the economy evolves going forward," Powell said, "the appropriate level of the federal funds rate will be 4.6% at the end of this year, 3.9% at the end of 2025 and 3.1% at the end of 2026. Still above the median longer-term funds rate."



Q:
When rates will come down, April, June, or later this year?
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