Fed Meeting 2024 Schedule Live. Higher fed policy rates trickle through financial markets to push up mortgage, credit card and business loan rates, which can cool both consumption and company expansions over time. Fed chair jerome powell will hold a press conference at 2:30 p.m.

Fed funds futures trading suggests a 55% likelihood that central bank officials will dial back rates by 50 basis points, according to the cme fedwatch tool. Higher fed policy rates trickle through financial markets to push up mortgage, credit card and business loan rates, which can cool both consumption and company expansions over time.