Next Fed Rate Meeting 2024. They had expected to make three interest rate cuts in 2024 as recently as march. The federal reserve will lower interest rates by 25 basis points at each of the u.s.

Powell, the fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point,. The federal open market committee is scheduled to announce monetary policy decisions at 2 p.m.