Fed Interest Rate 2024 Schedule. Today, the fed funds target. The fed hiked interest rates a total of 11 times between march 2022 and january 2024, making borrowing more expensive for banks, businesses, and people in an attempt to curb rampant.
What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders? The federal open market committee (fomc) once again held rates steady during their most recent meeting in june 2024, as well as prior meetings.