Fed Interest Rates 2024 Forecast July
The fed has stated so far that it expects to maintain rates at high levels for 2024. It influences other interest rates such as the prime rate, which is the rate banks charge.
Markets currently see little chance of interest rates moving at the fomc’s july meeting. * the fed left interest rates unchanged at 5.3 percent, where they have been for a year * powell suggested a rate cut could come in september, the fed’s next.