Fed Interest Rates 2024 Chart. — in 2022, the federal reserve hiked interest rates by 400 basis points in one of the fastest rate increases in decades. — certainly, as the chart below shows, groceries saw a dramatic price increase in 2021 and 2022, and grocery prices are now a full quarter higher than they were at the.
— certainly, as the chart below shows, groceries saw a dramatic price increase in 2021 and 2022, and grocery prices are now a full quarter higher than they were at the. During 2024 the fed has the typical schedule of eight meetings to determine interest rates.