Interest Rate Outlook: Fed Plans Cautious Cuts After Inflation Assessment The Federal Reserve has been increasing the federal funds rate to fight inflation, with 11 hikes from March 2022 to July 2023. Although prices are beginning to decrease, the Fed is waiting for more solid data before making any rate cuts. In its first 2024 meeting, the Federal Open Market Committee (FOMC) kept interest rates stable at 5.25 to 5.5%, marking the highest rate in over 20 years. There are seven more meetings scheduled for the year where rate cuts could be considered, with the next one on March 19 and 20. This shows that while rate cuts are anticipated, they won’t happen until at least spring, as the Fed carefully watches inflation trends. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Has Surged To New All-Time Highs READ MORE How & Where to Buy Silver Bars (2024 Buyers Guide) READ MORE Euro Zone Beats Recession Odds, But Economic Challenges Loom READ MORE Copper Prices Dip Amidst Dollar Strength and China's Real Estate Slump READ MORE US Consumers Feel the Pinch as Inflation ConcernsLinger READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment