Fed Rates Forecast 2024

Fed Rates Forecast 2024. The federal reserve (fed) announced at its january 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%. As recently as last month, fed officials had collectively forecast just one rate reduction in 2024 and four in 2025 and 2026, suggesting that they lean toward a more measured pace of cutting rates.


Fed Rates Forecast 2024

The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders?

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