Kacie Joanie

Fed Increase Interest Rate 2024. 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. The fed has stated so far that it expects to maintain rates at high levels for 2024.

The tables below list the dates of fed meetings when the fomc changed interest rates, the size of each rate change in basis points —abbreviated as bps—and the. The benchmark interest rate in the united states was last.