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Here's Where I Think Interest Rates Will Go in 2024 -- And What It Could Mean for Your Portfolio

The latest data suggests the Fed might wait longer than expected to start cutting rates.

By Matt Frankel, CFP and Tyler Crowe – Feb 24, 2024 at 8:33AM EST

It would be fair to say that most experts entered 2024 with aggressive expectations of rate cuts by the Federal Reserve, with the market pricing in a total of six rate cuts at the beginning of the year. However, recent data suggests that higher rates may stick around for a while. In this video, Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe discuss what they're expecting now.

*Stock prices used were the afternoon prices of Feb. 22, 2024. The video was published on Feb. 23, 2024.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
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The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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