Fed Cut Rates 2024.  — the federal reserve (fed) announced at its january 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%. Fed chair jerome powell said monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves.

The move would mark a major.  — the federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.