Fed Interest Rates In 2024. At 3.5% when the fed stopped raising rates, has now risen to 4.2%, and monthly job growth has slowed. Federal reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than.
A top question on the minds of investors and consumers alike is when might the federal reserve make its first interest rate cut. Explaining whatโs happening to interest rates in 2024.