Fed Interest Rate Cut 2024. Federal reserve officials left interest rates unchanged in their june decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign. By june, they had lowered that projection to just.

July 10, 2024, 8:20 am pdt / source: The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more.