Fed 2024 Rate Cuts. Much of the outlook will hinge on key data releases this. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s.

By the end of 2024 that spread actually widens to 2%, as the interest rate declines but the rate of inflation falls more sharply. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more.