Fed 2024 Interest Rate. At the jackson hole economic symposium, jerome e. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s.

Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. 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 continued to stall.