Will The Fed Lower Interest Rates In 2024. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more evidence that u.s. Overall, the current expectation is that the fomc will start to cut interest rates in 2024.

But price increases have been surprisingly stubborn, and that. The federal reserve will lower interest rates by 25 basis points at each of the u.s.