Fed Interest Rate Announcement 2024. 'the time has come' to lower interest rates: After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line with slowing.
Federal reserve chairman jerome powell speaks at a news conference following a federal open market committee meeting at the william mcchesney martin jr. The fed is widely expected to hold rates steady, at their highest.