Fed Lower Interest Rates 2024 Today . 18, 2024, 11:50 am pdt. The mother of all interest rates is actually a range, and it has sat at 5.25% to 5.5% since july 2023, following a campaign of rate hikes to combat surging inflation.
When will the fed lower interest rates? Fed officials have held interest rates at 5.3 percent since july, after raising them sharply from near zero starting in march 2022.
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