Fed Lowering Interest Rates 2024 Dates. Here’s a look at what could happen to the economy in terms of the labor market, inflation and the likelihood of a recession now that the fed has lowered its sky. The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current 5.25% to.

The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that inflation. Read more about the implications of the fed’s latest.