Fed Rate Today 2024. The federal reserve said wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate cuts than. Federal reserve officials left interest rates unchanged on wednesday and continued to forecast that borrowing costs will come down somewhat by the end of the.

On a monthly basis, the headline. The federal reserve held interest rates steady on wednesday, but policymakers signaled they still expect to start cutting rates later this year.