Fed Rate Increase 2024. Federal reserve will cut its key interest rate in june, according to a stronger majority of economists in the latest reuters poll, as the central bank. Updated 4:53 pm est, tue december 19, 2023.
2024 at 12:00 pm edt. The data further says most economists anticipate the fed will hold rates constant on wednesday, keeping the federal funds rate between 5.25% and 5.5%.