Will The Fed Raise Interest Rates In 2024. Zandi said the fed should bring interest rates down significantly from the current target rate of between 5.25% and 5.5%. Fed interest rate 2024 and its impact on your money.

The federal reserve open market committee is expected to cut interest rates in 2024, perhaps starting in september as inflation cools. The federal open market committee (fomc) announced on march 20 that it would maintain its policy rate in a range of 5.25% to 5.5%.