Will Feds Lower Interest Rates In May 2024

Will Feds Lower Interest Rates In May 2024. United states federal reserve chairman jerome powell has offered an explicit endorsement of interest rate cuts, saying further cooling in the job. Washington (ap) — the sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down.

 — the federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.  — zandi said the fed should bring interest rates down significantly from the current target rate of between 5.25% and 5.5%.