Fed Lowering Interest Rates 2024 News. Powell did not say when rate cuts would begin or how large they might be, but the fed. — 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.
— washington cnn — the federal reserve gave an important clue wednesday that it will likely cut its benchmark lending rate in the coming months. — at the beginning of the year, federal reserve officials projected they would cut interest rates three times this year.