When Will The Fed Lower Interest Rates 2024 Dates. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line. Here’s a look at what could happen to the economy in terms of the labor market, inflation and the likelihood of a recession now that the fed has lowered its sky.
The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line.
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