Will Feds Lower Interest Rates In May 2024. The fed is likely to hold off on cutting rates until later in 2024, with most experts now penciling the first rate reduction for the central bank's september or. This was expected, as it gives the fed.

The question is when 2024 rate cuts might come, but that will likely depend on incoming. Lower interest rates would reduce borrowing costs for homes, cars and other major purchases and probably fuel higher stock prices, all of which could help accelerate.