Fomc Meeting June 2024 Projections. In a widely expected move, the federal open market committee (fomc) kept rates steady again in june, but the press conference left some lingering questions. Japan reported a 7.9% drop in june's industrial output from a year ago.
More significantly, the latest dot plot revealed that the fomc’s median projection has removed two cuts from their 2024 rate projections. Japan reported a 7.9% drop in june’s industrial output from a year ago.