Next Fed Meeting 2024 Rate Hike. The average interest rate on a new credit card now at 24.84%, the highest since lendingtree started tracking rates in 2019. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.
The fed on wednesday said it is maintaining the federal funds rate in a range of 5.25% to 5.5%. The federal reserve announced at its june 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at the.
Next Fed Meeting 2024 Rate Hike Images References :