Will The Fed Raise Interest Rates In May 2024. Updated 5:19 am pdt, may 13, 2024. One hopeful sign is that as powell and other fed officials have signaled that rate cuts are coming, many interest rates have already fallen in anticipation.
The federal reserve left its key interest rate unchanged at between 5.25% and 5.5% โ the highest level in more than a decade โ as annual inflation rates. Updated 5:19 am pdt, may 13, 2024.