Fed Next Meeting 2024 September 24

Fed Next Meeting 2024 September 24. Besides forecasting a dip in the federal funds rate to a range of 4.5% to 4.75% by year’s end, fed policymakers. Are interest rates expected to go down in 2024?

Powell, the fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point,. An analyst expected the fed to cut rates by a quarter point at the next meeting.