Current Fed Interest Rate 2024. The federal reserve held interest rates steady and described an uncertain path toward rate cuts in 2024. Read more about the implications of the fed’s latest decision.

Federal reserve officials held interest rates at their highest level in more than two decades at their first meeting of 2024 and hinted that their next move will be to. The federal reserve began raising interest rates in march 2022 in an effort to curb surging inflation.