Fed Rate Cuts 2024 News Headlines. The dow inched lower on wednesday after the federal reserve held interest rates on hold and signaled it expects one rate cut in 2024. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone.

The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their. Wall street still expects rate cuts sometime in 2024.