Will Feds Raise Interest Rates In 2024
Will Feds Raise Interest Rates In 2024. The federal reserve began raising interest rates in march 2022 in an effort to curb surging inflation. First, a recap of the dramatic journey interest rates have been through in two years.
The federal reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates. Federal reserve officials have watched inflation rise faster than expected for three straight months, leading some investors and economists to start whispering.