Fed Rate Cut 2024 Time Usa. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday. Central bank's three remaining policy meetings in 2024, according to a majority of.
The fed’s upcoming decision to cut interest rates is a sign that officials feel “confident” enough that price pressures are coming under control. On wednesday, it reduced that forecast for interest rates to come down to 4.4% by the end of 2024 and 3.4% at the end of 2025.