Fed Interest Rate Cuts 2024 Announcement
Fed Interest Rate Cuts 2024 Announcement. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone. Here are some takeaways from the decision and from remarks by the fed chair,.
What could this mean for mortgage rates? Unlike the fedโs focus on a main interest rate, the pboc uses a variety of rates to manage monetary policy.