Will The Fed Raise Interest Rates In 2024 In India. The federal reserve announced wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight. In india, the policy tightening commenced in may'22, with the repo rate being increased to 4.4%.
Fed officials’ latest signal on interest rates also came alongside the central bank’s new forecasts for growth, which show the us economy expanding by 2.1 per. This shift in how the fed is viewing the economy means the central bank could begin paring back interest rates as soon as its next policy meeting, in september,.
