Will The Fed Raise Interest Rates In May 2024

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Will The Fed Raise Interest Rates In May 2024. The fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation. This next meeting will provide an important update as to how the fed is thinking.


Will The Fed Raise Interest Rates In May 2024

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. 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.

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