Fed Lowering Interest Rates 2024 Dates. Earlier this week, the fed announced it was leaving the current federal funds rate, which helps set interest rates for loans throughout the economy, unchanged at. Fed chair jerome powell prepares to deliver remarks at a conference on nov.
The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. Should the fed hold rates steady on wednesday, september’s meeting could be a turning point in the fed’s battle against inflation.
