Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (2024)

Money Banking

Article updated on Apr 30, 2024

Don't expect relief from high interest rates until 2025. What it means for your money.

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Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (1)Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (2)

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Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (3)

Tiffany Connors

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Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

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Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (4)

Courtney Johnston

Senior Editor

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy, financial news, real estate and investing. A New Jersey native, she graduated with an M.A. in English Literature and Professional Writing from the University of Indianapolis, where she also worked as a graduate writing instructor.

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Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (5)Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (6)

Written by

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

See full bio

Edited by

Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (8)

Courtney Johnston

Senior Editor

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy, financial news, real estate and investing. A New Jersey native, she graduated with an M.A. in English Literature and Professional Writing from the University of Indianapolis, where she also worked as a graduate writing instructor.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Why You Can Trust CNET Money

Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (9)

Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (10)

Written by

Tiffany Connors

Editor

Read more from Tiffany

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

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Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says (2024)
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