Fed Interest Rate Announcement 2024. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. The fed announced its fourth straight rate hold yesterday and signaled that 2024 rate cuts are not likely for a few months.
Federal reserve board announces it will extend until september 6, 2024, the comment period on proposal to expand operating days of the federal reserve banksโ. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line.