Fed Rate Cut September 2024 Prediction. Investors widely expect the fed to cut rates at its september meeting, the first cut since march 2020 to the target federal funds rate, which only officially determines the overnight. Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.
A chart shwoing the federal funds target rate having decreased to 5.0 percent from 5.5 percent and what 19 fed officials think that rate should be at the end of this year and. Investors widely expect the fed to cut rates at its september meeting, the first cut since march 2020 to the target federal funds rate, which only officially determines the overnight.
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