Fed Interest Rates 2024 Forecast. The median projection among fed members as to where interest rates will be at the end of 2024 fell to 4.6% on wednesday from 5.1% in september. The federal reserve is likely going to cut rates only twice this year, as inflation takes longer to slow than u.s.
The median fed official now sees the central bank’s key rate settling at 2.75% in the long run, up from a march projection of 2.625%. A trader works on the floor of the new york stock exchange on aug.