Fed Interest Rates 2024 Forecasting. Today, the fed funds target rate is 5.25% to. Federal reserve rate setters have three meetings left in 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. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by reuters, with half saying there will be only two cuts this.