Luise Robinia

Fed Rates 2024 Predictions Usa. The federal reserve will lower interest rates by 25 basis points at each of the u.s. 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.

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%. Likewise, fewer economists are now predicting that the fed will cut rates at its may 1 meeting.