Fed Interest Rates 2024 Predictions Today

Fed Interest Rates 2024 Predictions Today. The federal reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall. Fed dials back rate forecasts, signals just one cut in 2024;

Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. • officials left the door open to future rate moves.