Will The Fed Raise Interest Rates In May 2024. Fed officials signaled in their last set of economic projections that they might stop raising interest rates once they reached a range of 5 percent to 5.25 percent, the level they are. If inflation continues to cool or hold steady, there's a good.

Washington (ap) — the sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down. The stubborn inflation data raised several ominous specters, namely that the fed may have to keep rates elevated for longer or even have to hike at some point.