Will The Fed Raise Interest Rates In 2024 Or Not. Yet despite those sharp increases,. Central banks around the world are set to kick off or continue interest rate cuts this fall,.

The federal reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall. Federal reserve officials said wednesday that while there are signs the economy is slowing, the fed was not yet ready to cut its key interest rate.