Fed Rate Cut September 2024 Forecast. The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their. The federal reserve will lower interest rates by 25 basis points at each of the u.s.
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. They also forecast at that meeting that they would make another half.
