Interest Rate Outlook: Fed Plans Cautious Cuts After Inflation Assessment The Federal Reserve has been increasing the federal funds rate to fight inflation, with 11 hikes from March 2022 to July 2023. Although prices are beginning to decrease, the Fed is waiting for more solid data before making any rate cuts. In its first 2024 meeting, the Federal Open Market Committee (FOMC) kept interest rates stable at 5.25 to 5.5%, marking the highest rate in over 20 years. There are seven more meetings scheduled for the year where rate cuts could be considered, with the next one on March 19 and 20. This shows that while rate cuts are anticipated, they won’t happen until at least spring, as the Fed carefully watches inflation trends. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations READ MORE McDonald’s posts rare profit miss as customers turn picky READ MORE Gold’s STEALTH Institutional Rally…What Happens When the Public Arrives? READ MORE Powell says conditions needed to cut rates likely to take longer to appear READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment