Fed Lowering Interest Rates 2024 News. Federal reserve officials left interest rates unchanged in their june decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign that they plan to be. This was expected, as it gives the fed additional time to evaluate if the.

The federal reserve said wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate cuts than previously estimated. Consumer demand warrants a cautious approach.