When Is The Next Fomc Meeting 2024 Time. Powell says rate cut could happen as soon as next meeting; The federal open market committee is expected to lower its benchmark rate, currently at its highest level in 23 years, during wednesday's meeting.

Investors are anticipating the federal open market committee (fomc) will cut interest rates for the first time since 2020 at its upcoming meeting on september 17. The federal open market committee is expected to lower its benchmark rate, currently at its highest level in 23 years, during wednesday’s meeting.