Fed Rate Decision Today: Rates Unchanged; Watch Press Conference; Read Full Statement

The Federal Reserve left interest rates unchanged at the highest level in decades this afternoon at the conclusion of its third policy meeting of 2024 concludes. Investors will now watch Fed Chair Jerome Powell's press conference, set for 2:30 p.m., for clues as to the central bank's thinking regarding rates for the rest of 2024, and beyond. Read the Fed's full statement here.