Will Fed Raise Rates Again In 2024

Will Fed Raise Rates Again In 2024. During its june meeting, the federal reserve (fed) unanimously voted to hold policy rates steady for the seventh consecutive time, leaving the fed funds target rate unchanged. The fed will begin cutting interest rates once it’s clear that inflation has cooled enough and won’t heat back up — or if the job market deteriorates much more than expected,.

Virtually all policy makers see rates ending next year below current levels but above 4%. Federal reserve policymakers are unlikely to raise interest rates again in 2023 and will probably start cutting them early next year, traders bet on thursday, after a u.s.