Fed Interest Rates In 2024. Jobs report, which encouraged interest rate futures traders to price in as much as 120 basis points. Federal reserve chair jerome powell said on wednesday interest rates could be cut as soon as september if the u.s.

The federal reserve open market committee is expected to cut interest rates in 2024, perhaps starting in september as inflation cools. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s.