Fomc May 1 2024. Item 1 of 2 u.s. At the meeting that concluded on may 1, 2024, the federal open market committee (fomc) decided to slow the pace of reduction of its securities holdings,.
The fomc said that ‘in recent months, there has been a lack of further progress’ on lowering inflation to the fed’s 2% goal. May 1, 2024 at 6:49 pm edt.