Fed Interest Rate Projections 2024. Federal reserve officials said wednesday that while there are signs the economy is slowing, the fed was not yet ready to cut its key interest rate. Washington cnn โ 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.
Now questions are mounting as to whether the fed has left it too late. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.