Will Feds Raise Interest Rates In 2024. With that, the fed appears all but certain to cut interest rates for the first time in more than four years when officials meet later in september. Takeaways from the fed’s rate cut decision.
Federal reserve officials left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut borrowing costs three times in the coming. Powell, the fed chair, said that the central bank would take future interest rate cuts “meeting by.