Fed Rate Cuts 2024 Predictions Prediction Pdf. However, even in those projections, most policymakers were expecting one or two interest rate cuts in 2024, though a minority believed rates would be held steady. The fed first began hiking interest rates in march 2022 to combat surging inflation, raising the target federal funds rate from 0% to over 5% by last july, the level.

For example, if the fed cuts interest rates by 50. August 21, 2024 at 2:00 pm edt.