Fed Interest Rates 2024 Predictions Reddit. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june,. Washington (ap) — federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on wall street, despite signs that inflation remained.
There will be political pressure to lower rates and. 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.