Fed Interest Rate Cut 2024 Forecast

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Fed Interest Rate Cut 2024 Forecast

Fed Interest Rate Cut 2024 Forecast. After the move was announced wednesday, federal reserve chair jerome. Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.


Fed Interest Rate Cut 2024 Forecast

The widespread expectation is for a cut of 0.25 percentage point, or 25 basis points, to benchmark rates from the current range of 5.25% to 5.5%. Interest rates currently stand at 5.25% to 5.5%.

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