Will Fed Lower Interest Rates In March 2024. Earlier in the year, most economists pegged the first rate cut of 2024 for the fed's march 20 meeting. Customer queries, he recalls, quickly dropped almost as soon as the fed started jacking up interest rates in march 2022 — and then kept raising rates through july 2023.

Earlier in the year, most economists pegged the first rate cut of 2024 for the fed’s march 20 meeting. But as of wednesday, only 1 in 10 continued to forecast a.