Will Fed Lower Interest Rates In March 2024. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone. Currently markets expect approximately three to four cuts by.

Investors were betting big on federal reserve rate cuts at the start of 2024, wagering that central bankers would lower interest rates to around 4 percent by the end of the year. The federal open market committee (fomc) announced on march 20 that it would maintain its policy rate in a range of 5.25% to 5.5%.