Fed Interest Rates 2024 Predictions Today. Federal reserve chair jerome powell said on wednesday interest rates could be cut as soon as september if the u.s. The tool allows users to calculate the likelihood of an upcoming fed rate hike or cut.
Some wall street analysts still forecast multiple rate cuts in 2024, which they predict will kick off with the september meeting. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.