Fed Minutes August 2024. Federal reserve officials agreed during their last policy meeting of 2023 that interest rates were likely at their peak, and almost all of them predicted. Federal reserve is currently expected to cut interest rates by a little more than 1% over the course of its seven remaining scheduled.
Feds notes are articles in which board staff offer their own views and present analysis on a range of topics in economics and finance. Federal reserve officials wanted to use their final policy statement of 2023 to signal that interest rates might be at their peak even as they left the door.