Will The Fed Lower Interest Rates In 2024. Markets that predict movements in the federal funds rate think a march cut is a close call, reckoning there’s about a 46% chance. The federal open market committee chose to lower its key overnight.

The fed didn’t cut interest rates sooner because it could have reignited inflation or left it stuck above the central bank’s target. Central bank’s three remaining policy meetings in 2024, according to a majority of.