Will The Fed Cut Interest Rates In 2024 In Us. Will let the fed reach a more neutral level of interest rates over time.. โ the fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23.
โ the federal reserve will lower interest rates by 25 basis points at each of the u.s. โ investors and the fed both agree that rates will need to come down in 2024, based on the us economyโs direction.