Fed Cut Interest Rates 2024. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone. Fed officials have held interest rates at 5.3 percent since july, after raising them sharply from near zero starting in march 2022.


Fed Cut Interest Rates 2024

The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone.

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