Fed Lower Interest Rates 2024 Date. Federal reserve officials left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut borrowing costs three times in the coming year, a sign that the. The federal reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates.
What to know about the fed’s rate decision. But as of wednesday, only 1 in 10 continued to forecast a.