Fed Lower Interest Rates 2024 Date. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. Lower interest rates are on the horizon, but they’re probably not here just yet.
Washington cnn — the federal reserve said wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling. Federal reserve chairman jerome powell says he’s increasingly confident that inflation will soon be tamed, setting the stage for the central bank to start cutting.