Next Fed Meeting On Interest Rates 2024 Live. Wall street still expects rate cuts sometime in 2024. Powell says rate hike is unlikely to be fed’s next move

Federal reserve officials left interest rates unchanged on wednesday and continued to forecast that borrowing costs will come down somewhat by the end of the year as. The federal reserve kicked off its easing campaign with a bang wednesday, cutting rates by 0.5 percentage point, or 50 basis points, to a range of 4.75% to 5%.