Will Interest Rates Go Down In 2024 Usa

Will Interest Rates Go Down In 2024 Usa. 11, 2024, 2:00 am pdt / updated sept. The economy has already slowed thanks to high interest rates, something consumers will continue to encounter in 2024, bankrate’s mcbride said.

The federal reserve is done raising interest rates and will likely cut them by roughly one percentage point next year, according to chief economists at some of north america’s largest banks. Central bank expects to cut rates three times in 2024.