Fed Interest Rates 2024 Predictions Usa. The federal reserve is likely going to cut rates only twice this year, as inflation takes longer to slow than u.s. The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that.
After this meeting, traders see a 48% chance that rates stand at 4.5% to 4.75%. Central bank’s three remaining policy meetings in 2024, according to a majority.