Will Fed Lower Interest Rates In March 2024

Will Fed Lower Interest Rates In March 2024. Morningstar expects the fed to start cutting rates in march 2024 and lower them by 150 basis points by the end of the year. The federal reserve left its benchmark interest rate at 5.25% to 5.5% in january 2024, citing high inflation and uncertainty.

A slew of economic news this week will make it much clearer if the federal reserve will cut interest rates in march. Markets see the fed’s june meeting as a more likely candidate for the first.