Fed Rate Cut March 2024. Federal reserve officials left interest rates unchanged on wednesday and continued to forecast that borrowing costs will come down somewhat by the end of the year as inflation eases. The federal reserve left interest rates unchanged for the fifth straight meeting and signaled that they still plan to cut interest rates three times in 2024, even as recent data.
The federal reserve held its key interest rate steady wednesday for the fifth consecutive meeting, as the central bank awaits more data to determine when to. The fed on wednesday said it is maintaining the federal funds rate in a range of 5.25% to 5.5%.