Will Feds Lower Interest Rates In May 2024. — 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. — likewise, fewer economists are now predicting that the fed will cut rates at its may 1 meeting.
Central bank’s three remaining policy meetings in 2024, according to a majority. That could make future trips abroad more expensive for the nation’s travelers.