When Will Feds Lower Interest Rates In 2024. After the move was announced wednesday, federal reserve chair jerome. 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.
Much of the outlook will hinge on key data releases this. With both the jobs picture and inflation softening, the central bank’s federal open market committee chose to lower its key overnight borrowing rate by a half.