Will The Fed Raise Interest Rates In 2024. 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. Jobs report, which encouraged interest rate futures traders to price in as much as 120 basis points.

The fed will begin cutting interest rates once it’s clear that inflation has cooled enough and won’t heat back up — or if the job market deteriorates much more than expected,. Central bankers made no obvious.