Fed Interest Rates 2024. Here are some takeaways from the decision and from remarks by the fed chair, jerome h. The federal reserve open market committee is expected to cut interest rates in 2024, perhaps starting in september as inflation cools.
The fomc is scheduled to meet eight times in 2024 and expected to ultimately cut interest rates — but in a measured way and with action weighted toward the second half. The federal reserve cut interest rates on wednesday by half a percentage point.