Will Feds Raise Interest Rates In 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 federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s.
Economists expect inflation will continue to cool in 2024, with oxford economics projecting that prices will increase at a 2.4% annual rate this year and then dip to 2.2% in 2025. The fed has stated so far that it expects to maintain rates at high levels for 2024.
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