Fomc January 2024 Meeting. 2024 at 6:08 pm est. The federal reserve left rates unchanged in january, but noted that it won’t be appropriate to cut rates until it has gained “greater confidence” that inflation is.

The january 2024 federal open market committee (fomc) meeting was accompanied by large market movements. Just last january, prices rose at a 5.5 percent annual rate, while inflation also peaked at 7.1 percent in june 2022.