Fed Interest Rate 2024 Schedule. The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report. In july, the us economy added 114,000 jobs, well below estimates, while the unemployment rate hit 4.3%, its highest level in nearly three.

The federal open market committee (fomc) announced on january 31, 2024, that it would maintain its policy rate in a range of 5.25% to 5.5%. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.