Us Fed Rate Cut 2024. While inflation has come down, it remains “elevated” and well above the fed’s 2% annual target. The federal reserve held its key interest.

That will depend on economic trends over the next weeks and months, with the fed monitoring numerous data points, ranging from inflation to the.  — federal reserve officials left interest rates unchanged in their june decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign that they plan to be.