Next Fed Meeting 2024 Rate Hike. The average interest rate on a new credit card now at 24.84%, the highest since lendingtree started tracking rates in 2019. What to know about the fed’s rate decision.
Federal reserve officials left interest rates unchanged and signaled that they are wary about how stubborn inflation is. The federal reserve announced at its june 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at the.