Feds Lowering Interest Rates 2024. The federal open market committee is most likely to cut interest rates again on december 18 to 4.25% to 4.5%, according to fixed income markets. The federal reserve open market committee is expected to cut interest rates in 2024, perhaps starting in september as inflation cools.
Us federal reserve chair jerome powell downplayed the prospects of tension with the incoming trump administration and said he expects officials can move cautiously as they. In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing.
