Expected Rate Cuts 2024. Markets broadly anticipate a 1% decline in the fed funds rate to between 4% and 5% by the end of 2024. Economists who spoke to abc news offered forecasts of between one and three interest rate cuts by the end of 2024, depending on the course of inflation,.
Graph and download economic data for fomc summary of economic projections for the fed funds rate, median (fedtarmd) from 2024 to 2026 about. The bank of canada cut its key interest rate to 4.5 per cent on wednesday, with governor tiff macklem saying during a news conference that it would be reasonable.