Will The Fed Lower Interest Rates In 2024

Will The Fed Lower Interest Rates In 2024. Federal reserve will cut its key interest rate twice this year, starting in september, according to a stronger majority of economists polled by reuters. Officials at the federal reserve are widely expected to hold the central bank’s key.

Many economists still think the fed will cut rates at some point in 2024—just not at the june 12 meeting. When the federal reserve starts cutting its overnight lending rate, it will affect the interest rates on your debts and your savings.