Will Interest Rates Go Down In 2024 Usa

Will Interest Rates Go Down In 2024 Usa. The federal reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates. “by the spring of 2024…rates will hopefully be in the 6% range.” the fed paused its rate hikes in september and extended the pause just over a month later.

The fed’s powell is cutting interest rates. Fed chair jerome powell’s next steps will have enormous influence over the economy.