Next Fed Rate Meeting 2024 Date. The fed signaled that rates could begin to decline in the future, but they will keep an eye on stubbornly high inflation. The trip down is likely to be much slower than the series of interest rate hikes which quickly pushed the federal funds rate higher by 5.25 percentage points in 2022 and 2023,.
Fed chair jerome powell indicated that a rate cut could be on the table as early as september. The main question appears to be how deep 2024 cuts will go.